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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: CRUZ who wrote (46864)11/26/1999 9:40:00 PM
From: Land Shark  Read Replies (1) of 122087
 
ADSP: I think a lot of amateurs got in on their day off. They bought on the movement and volume, many will get burned badly. I didn't short it Thursday because of the volume and it was the 1st day of the run-up. I find it prudent to wait until the 2cd or 3rd day, depending on the strength (=volume) of the momentum. This one may take 2-3 days to run out of steam.

Also, the press sure didn't help the shorts. I feel sometimes they are paid in stocks too.
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