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Strategies & Market Trends : Crash and Burn 2001

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To: JSB who wrote (191)12/3/2001 7:29:27 PM
From: Dale Baker  Read Replies (2) of 207
 
The SI tech glitch mangled our home thread - can't post to it, since you will see 0 Replies there. Si Jeff is supposed to be working on it.

In the meantime I will post here and on Amateur Traders Corner.

I shorted some AVNT at 16.95 - the CDN case settled recently and presumably cleared the decks for a buyout. But unless SNPS rebounds to the 50's (not likely) AVNT should be headed to low teens.

Looking for a better December than November but today was not an auspicious start. Like trying to pain road stripes in the rain, just a fuzzy mess.

Who knows, maybe the market will develop some direction in a week or two.
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