Ask DrBob Message Board - Msg: 14507123

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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject	10/3/2000 11:21:00 PM
From: indexit	of 100058

Charts still not looking good for going long. Suspect we see a little pop in the morning (gee what else is new) and then we can commence with the now traditional afternoon selloff (but not as bad as last couple of days). NASD should come back to at least 3500. From there not sure, but more likely will short than long. If there is no pre announcement from IBM then this should add to the morning juice. Bought post market and am unusually long, 4000 CSCO, 1000 INTC, 1000 MU, short 1000 FDX. Once again managed to lose money by going short. Got shook out of things that later were down 10-20 from where I covered. Smart.

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