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Strategies & Market Trends : Shorts waiting to happen

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To: dppl who wrote (267)7/17/1996 2:11:00 AM
From: Cadaver   of 852
 
NASDAQ looks like it will reverse. Another bull market in the making?

USRX: Will not fall further unless it closes below 60

SHVA: Wait

Somebody bought 60K shares of AMTX at 11. If they sell at 15.5, they make a decent 50% profit. Lots of buying in techs. We might have to turn bullish soon.

Btw, the motley fools editorial said today that bears never made money in the last 25 years. They wonder why bears still short stocks when history has proved that stocks will continue to rise in the long term. At the same time, they denounce reading charts because "history cannot predict the future." I wonder if they are being hypocritical or they are actually blind to the contradiction in thier statements.

Cadaver
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