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Strategies & Market Trends : LastShadow's Position Trading

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To: AlienTech who wrote (20676)8/25/1999 7:42:00 PM
From: investsformoney  Read Replies (2) of 43080
 
Alien tech, thats what i thought. Holiday effect is a little preemptive. However the highfliers seem to have experienced a fake selloff at eod inline with yesterdays selloff at eod. However todays selloff was not as severe as yesterday. Also there might have been some confusion about the implications of the 96 cents break on the oil. The stupidity of market never ceases to amaze me, however it always pisses me off first, but later i become tolerant and sympathetic. If you notice the swing from 3:50 to 4:00 yesterday you will see what i mean. The same pattern repeated itself, this time surrounded by confusion. However the overall swing of the index is in our favour. Also the fundamentals have improved today with the break of 96 cents. We should see the swing carry through into the am tomorrow barring any bad news in the am.

Cheers and good trading. I just read Berkowitz at thestreet.com got out ntop. Glad i am not in that one. Herb Greenberg is also get into the gear to slam this stock.
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