Lizard King's Trading Swamp Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Lizard King's Trading Swamp

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TATRADER who wrote (4007)	1/20/1998 9:33:00 PM
From: Tech Investor	of 7396

Mark: I think you should wait more than 2 days even if NASDAQ finish over 1600. There will DEFINITELY be profit taking after more than 1 week of straight up days. You can always look to get out during those shake down periods. I'm quite optimistic that shorts should be able to cover most of their positions with a profit in the coming weeks. Also, dont forget that we are experiencing this 'rally' partially due to earning reports. Today is IBM, tomorrow is MSFT, we might very well break 1600 tomorrow, which I will use to exit all my long positions. Next week will be pretty much back to 1500s, with Asian markets due for a profit taking. I can already see them happening already. Look at some of the Asian markets turning red, soon enough it should spread to all of them, just sit back and reap in the $$$ by then :) Regards

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next