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Strategies & Market Trends : Lizard King's Trading Swamp

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To: james r. davila who wrote (4325)2/3/1998 6:07:00 PM
From: Tech Investor  Read Replies (1) of 7396
 
Mark:
Dont be discouraged with your shorts right now. The market was ready to tank today, but held afloat by tech stocks. The reason for the tech. rally is most likely due to CSCO + PSFT earnings. Now that we got those out of the way, I think the market should be ready to rest 1600 very soon. I dont see how we could run 100+ point on the NASDAQ in this short of a time span and continue to go up. My shorts are actually doing pretty well in this bullish trend, I just covered some for a nice profit, and waiting to cover the rest at a lower price. Hope your shorts will work out for you.

Regards
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