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Strategies & Market Trends : Sharck Soup

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To: Eurobum1 who wrote (16991)	4/18/2001 6:39:50 PM
From: GREENLAW4-7	Read Replies (2) of 37746

Sold all longs CORV, MYGN, CRA, HGSI, and PDLI. Went short VTSS, BRCD, INTC, AMCC, and NTAP. Covered AMCC at 22.70, held all others and will add in morning pop. Its obvious things are FAR WORSE THEN BEFORE!! I actually believe this rate cut rally will DIE by 11am tomorrow. Fund managers must take profit and I totally agree w/ V. The P/E on the nasd is now like 330!! Good luck to anyone trying to chase these stocks. I love how now the ANAL-YST think we could rally to 2800 before it pulls back! LOL Sentiment turned too quickly and this is not 1998! We need to heal and not have a V bottom or the crash back to 1200 will be worse then ever!! I have a 3 point plan on all short positions and I will hit these stocks at least once if not twice in the next few days!! I LOVE BEAR MARKET RALLYS!!!!!!!!!!!!!!!!

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