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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 659.00

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Nov 21 4:00 PM EST

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To: Clint E. who wrote (26197)	5/4/2000 12:49:00 PM
From: Suresh	Read Replies (2) of 68226

Hi Clint, Thanks for the article about EMLX. I came back from India on Monday but was unable to do much trading during my trip. I closed out my long positions on tuesday in India(I think 11th of Apr) went long on SCMR, PWAV, NVLS (caught them very close to the lows.. with the exception of SCMR) on the dreadful day. Closed out long positions on 2nd. Now I am short BBY and looking to short more consumer dependent companies. Just closed out the long ARBA position (maybe it is the bottom now for ARBA... but I am not convinced about the market bottom) I had held for a while afraid to sell because of tax consequence. From now on I am not going to focus tax as an issue for high fliers. >Have a good trip and eat lots of delicious Indian meals >prepared by Mom (or should I say wife????!!!). Yep.. I had a great trip... though I was unable to eat many meals prepared by mom and/or wife.... Well I will have plenty of opportunity to enjoy them very soon :) Later, Suresh

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