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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (31670)4/2/1998 1:09:00 PM
From: TREND1  Read Replies (2) | Respond to of 53903
 
Barry and Jim
Well you asked, so I'll give you may take.
(1) The HOUSE never loses.
(2) Everyone was selling MU ! Right !
(3) So THE HOUSE was forced to buy MU.
(4) So around MU=28, the HOUSE was long a lot of MU !
(5) So the HOUSE buys "calls". No one wanted them(g)
(5) So the HOUSE starts raid on shorts !
..........................................
(6) After awhile the shorts feed on them selves !
(7) Now the interesting part...the HOUSE has turned
bears (holding shorts) into bulls buying MU
(8) HOUSE now is selling it's longs and selling those april 30 calls.
(9) THE HOUSE NEVER LOSES !
Larry Dudash
PS: Also the HOUSE would never let Skeeter make money on his
April 30 puts (g)