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Strategies & Market Trends : Sharck Soup

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To: Sharck who wrote (25534)	5/31/2001 7:25:43 AM
From: GREENLAW4-7	Read Replies (1) of 37746

Retail looks ripe for SS and HD is my favorite!! OSX looks like it will break today as crude looks like its heading under 27BBL. I would sell all long positions in OSX stocks if anyone still holds. This down turn could gather steam. OPEC looks like they are afraid of a WORLD RECCESSION so they are keeping the crude over flowing!! Covered 3/4 of all shorts yesterday and added to GENE. I bought small long position in CORVIS as a hedge for a possible rally in the next 2 days. I believe earning warnings will be POWERFUL come monday-friday so I would use any strength in NASD and or DOW to short stocks. Leave plenty of powder!! Bio-Techs look like they are ready to ROLL-OVER and I would only DAY-TRADE these stocks; HGSI, CRA, PDLI, MLNM, AFFX, MYGN, and ABGX. Just be on your toes either short or long in BIO-TECH!! I'm looking to hit FIBRE-CHANNEL and STORAGE stocks on the next spike in NASD. FNSR report today or beginning of next week! Good luck all!!

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