Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (16791)	7/7/2004 10:18:46 AM
From: dvdw©	Read Replies (2) \| Respond to of 207795

This program trading is being reflected by the broker dealers weakness being reported. Volatility at a near term low, trading volumes near lows for several years, stocks locked up as the system stalks investor accounts. All components of Supply indicate that the predominate growth of hedge funds have brought the broader market to near lock up which manifests as a sideways range. Derivatives and short interest combine to leave no room for error. Scarcity value in key areas will force wild trading later in the year. Gross Put call ratios are full of obfuscation; there is no differentiation in characterizing the Buying or Selling of the calls or puts. This totally masks the underlying sentiment.