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Strategies & Market Trends : Sharck Soup
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To: DebtBomb who wrote (26088)6/5/2001 8:32:54 PM
From: Paul A  Read Replies (1) of 37746
 
I dunno Dale- this may BE the blast off :)

THe only thing that throws a fly in the ointment is the volume.. its still pathetic.. I still wouldnt be surprised to see it give it all back in one huge selloff but..

Im still short MU and AMAT, and a few others but all the positions are very small as I was lucky enough to clear alot off the table at the break even level.. I doubt ill be adding to any of the remaining shorts tho- but its going to have to be 'for real' for me to cover AMAT and MU.. those two I have put aside some profits so they have to really squeeze me to get me out.. :)

CCMP Im left with a tiny position, but that too im getting ready to admitt defeat on.. Im certain they will be warning very soon, but that will probably be perceived as a positive and send the stock higher!

Gotta give credit to the bulls on this one... but im still far from bullish and will probably sit out rather then go long anything except for total beaten downs like BVEW.. Until the funadamentals start agreeing with the charts, I will remain bearish.. in my cave.. hibernating : )

...Still dont know who can comfortably build long positions at this point unless its for day trading- but hey..

Bruised ego, but my account is still sitting fat and pretty.. That alone has put a smile on my face because it speaks volumes of how far ive come over the years in this game.. (pat pat)
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