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Strategies & Market Trends : Joe Stocks Trader Talk

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To: Joe Stocks who wrote (779)4/15/2002 8:12:31 PM
From: SusieQ1065  Read Replies (1) of 787
 
HGSI are you playing it short or long or not at all?

i short scalped it twice today...once in pre-market and once at the open...HGSI has some very pitiful fundamentals!

but that $16.40ish held again, so no breakdown yet...i'm still watching and if it rallies with rest of market i will be shorting it again.

I shorted AMGN for the first time today, it's been fading hard lately intraday...but i covered and have no open shorts now..

i do think that valuations will someday catch up with the Bio's...but the BTK is trying valiantly to hold support here, so i'll just keep my eye on it.

my only overnight position is the QQQ's which i bought on Friday at $33.05...
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