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KVW

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Alias Born 07/06/2003

KVW

Re: None

Friday, 01/16/2004 3:07:52 PM

Friday, January 16, 2004 3:07:52 PM

Post# of 147324
Amazingly, options expiration looks like it is making AAPL go out near $22.50 today.

Some day, I would like someone that really knows this stuff, if the market makers in the NASDAQ really can make the stock go in the direction they want for a couple days just before expiration. I would think most of these options writers that are market makers in the stock have hedged their positions with common well before the last few days before expiration. I would think they make their money off the commissions and not by playing options themselves.

But, it does seem uncanny how stocks sometimes move on days like this.

Oops! Just got a little buying spike in AAPL. Let's see where it goes out.

Kevin

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