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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 687.72

+0.7%

Jan 5 4:00 PM EST

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To: Stcgg who wrote (46422)	4/15/2000 2:48:00 AM
From: SkyDart	of 99985

Hey Stcgg, Ever go short? I do alot. And it works well, but one must control risk. IMO it is too risky now to initiate short sales, although I have many boxed positions that I could turn into shorts if the unexpected [and unlikely] occurred. But if you looked at the action today and yesterday in INCY, CRA, and ALGX, you would not want to short either as you would notice that these stocks went UP today MUCH more quickly and violently than they went down. Believe me, the smart money is going long at this point. Sky.

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