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Strategies & Market Trends : Sharck Soup

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To: Dave Gore who wrote (18496)	4/25/2001 3:34:18 PM
From: Dave Gore	Read Replies (1) of 37746

Personally I think we backtrack into the close unless they want to suck people in right before the close again, like they did last week. We are facing some resistance here in the NAZ; so I am flat and out. Super day. PS - If they run CORV into the close I may try to get in with the momentum buying for a quick scalp. I am just not sure on CORV earnings, it has been so weak the last few days which surprises me. I think it will either be around $11-12 soon or back to $6-7. Feast or famine. Don't feel like gambling, such a manipulated stock. I am taking modest profits and leaving it alone for now. MSFT was much more fun to play today. Earnings report was positive and it moves quite cleanly with the futures. CIEN of course is so volatile but an even better momo play if you know its trading habits and understand the risks.

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