LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: Susan Saline who wrote (33172)	3/27/2000 1:00:00 PM
From: AlienTech	Read Replies (1) of 43080

INIT's broken every support there is and bounced off the 100 DMA.. Another 3 days left in the insider selling but the short position is a lot more than the insiders have ever sold. As long as the market holds up I think the upside is pretty good. But if it goes into the summer doldrums then it might just keep on droping until the shorts decide to cover. 3 mil short on a stock with 500K volume? hmmm.. just need a when.. there was a lot of shorting today.. not sure if these are the sheep for the slaughter or the smart ones getting in at the top.

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