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


To: HairBall who wrote (52331)9/11/1998 3:37:00 PM
From: Jack of All Trades  Read Replies (1) | Respond to of 58727
 
Anybody notice that DELL did not get through 57 on this run... Are they are playing with smaller issues to sell the larger ones?



To: HairBall who wrote (52331)9/12/1998 6:12:00 AM
From: donald sew  Read Replies (2) | Respond to of 58727
 
LG,

>>>>>>>>>>>> Jeffrey: Market is a short squeeze IMO since the bet was down today. Big money playing with the market. You hit the nail on the head! <<<<<<<<<<<<

When I was watching the tick movement, the UPMO often were very strong with the reading over 1.0

On a pure subjective basis, I thought it was odd that we would have such high UPMO readings on a day that had so much uncertainty. I called some of my broker friends to see if the small investor were buying, and they all indicated that there was only some buying but quite light.

I am subjectively concluding that the BEARISH BIG BOYs were allowing the BULLISH CAMP to have their way and let the market run up, to short it again.

Seeya