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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Andeveron who wrote (30908)10/8/1998 7:14:00 PM
From: AlanH  Respond to of 94695
 
Andeveron, I love a post that includes the word "gargantuan"...

I believe it was gargantuan futures manipulation to spike it up in this manner. Saw it yesterday also.

If there really is manipulation, I'd be surprised if it doesn't flow both ways. That is, the Men in Black may have benefited from a 520pt ride today -- not bad. The roundtrip to nowhere play is getting predictable... it's time for a burst, and my guess is that it's UP. (Heavy down would tilt the game and spoil the fun.)

I may dabble in some calls through Monday, then reverse depending on how things go. Watching today's action, I'd bet on CSCO, DELL and LCOS. (duh!)

Good luck,
Alan