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Non-Tech : Auric Goldfinger's Short List

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To: arpad toth who wrote (4118)11/10/1999 8:39:00 PM
From: Ocean_Joe  Read Replies (1) of 19428
 
ANCR

If ANCR keeps this up I am quitting my trading and just going long with everything I got.

For the trader in you, be wary. Sure ANCR goes up in rallies and will give back a few points. You need to be fast on the trigger to cover as you are competing with a lot of buyers oriented to buy on supports, including myself.

ANCR is STILL being accumulated, repriced, occaisional news, and of course the accompanying frenzied covering. Fibre channel and storage area networks are explosive "pick and shovel" areas of the internet gold rush and for data storage like at every large corp or bank. There are far better and safer shorts to play.

MXT

I would cover premarket and go long the bounce. Purely on chart observations.

Joe
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