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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 689.17+0.2%Dec 11 4:00 PM EST

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To: Suresh who wrote (25302)2/23/2000 3:14:00 PM
From: shasta23  Read Replies (3) of 68960
 
Shorted EMC above 120...tight stop too. Classic panic buying on the net. Tomorrow maybe profit taking and rotation into dow components again. We're getting from top to bottom of the range on the naz increasingly faster. This time it only took from yesterday afternoon until today. Last time it took us five days...
Oh, just curious: how much is a tight stop on stocks like pmcs? 3-5 points?

stefan
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