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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: coug who wrote (46883)	6/25/1998 1:40:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (3) \| Respond to of 58727

Catmando My opinion differs from you No way was that just losing momentum it was too sharp and too fast maybe it was a clerical error or rumor and when rumors flood the market you see this kind of thing happen like if Rubin makes some comment and when it comes out the market tanks like a rock...saw that happen one afternoon when he was speaking on TV and false rumors can move it too Saw it happen with Gateway when people were on an airplane and couldnt respond until the next day and it is rumored it was the shorts who spread the false rumor oh yeah...that happens now lets see if it bounces back to the highs IF it doesnt bounce back this was enough to shake people and make them think and you can say it would be losing momentum because they dont want back in... I just happen to believe that rumors do move the market but then I also believe the market can be manipulated by the bigwigs...and you see that with the fines that some of these houses get...even on index options but the real reason we dropped this time is because Fred got stopped out of short position... Bill Gates will be on CNBC this afternoon