Looks like YHOO is pulling down NQ but INTC has improved gross margins so semis could hold up tomorrow. All in all, probably some consolidation but nothing for bears to really chew, especially with the IBM results, although we are seeing lots of volatility there, must hold 96.60. Many bears were hoping for a massive Intel drop, but so far, 21 is holding.
Option manipulators are going to try and push NQ down using YHOO as an excuse, so they can pin QQQQ 45. Since we are extended, it won't be hard.
Option manipulators are going to try and push NQ down using YHOO as an excuse, so they can pin QQQQ 45. Since we are extended, it won't be hard.
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on Tuesday, April 17, 2007 at 4/17/2007 04:54:00 PM.
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