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Strategies & Market Trends : Sharck Soup

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To: velociraptor_ who wrote (14861)	4/5/2001 11:01:43 AM
From: James C. Mc Gowan	of 37746

Reloaded Diamonds shorts at 98; short MOT again(12th time in past few weeks, all winners) on gap up this AM. Put in order for Spx 1075 April puts at 8+, see if it fills as 1140 cash range is hit; they are cut in half at this time from yesterdays high. Underwater on CHKP short from yesterday; will add to short at overhead resistance near 48/49. Target in low 30's. Shorts must be patient here, for the next few days. The "spin" on Dell et al. smells. This AM gap will be filled, after sufficient blood has been let from weak shorts, IMHO. Good luck to all on this fine thread. James

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