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Strategies & Market Trends : 50% Gains Investing

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To: Alan Newman who wrote (1631)10/27/1998 4:44:00 PM
From: Dale BakerRead Replies (1) of 118717
 
I hear that the NASDAQ bouncing off 1769 today was significant as a bearish indicator. We could be headed back under 1500 before the year is out.

I plan to lighten up steadily on the long side. CMT and CBUK are the next targets to sell. After that I would probably sit tight and wait for my shorts - ENER, TERA, REXI, MCAR, PVN and now CCSI - to start returning to earth.

That's the plan, anyway.
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