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Strategies & Market Trends : MDGF - Market Direction by Gut Feel ONLY!

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To: Stcgg who wrote (388)7/1/2000 8:39:50 PM
From: el paradisio  Read Replies (1) of 410
 
Stcgg,as soon as we land above 4000 on Compx,which is an obvious psychological barrier( as of today 3966),the next stop is at 4500 in 2 weeks.
After few 2B top,we will probably crash back to 4000.
We are entering the warning season...I am not sure about QCOM...if earnings will be OK,I do not see any reason for the correction,you suspect.
Funds dump was this week,now they do cover their shorts.
If you have a huge short covering....after the last short cover....you may trigger the Rally...that's what will probably happen.
As concern the insiders selling,the fist wave is already done...the second wave of insiders is coming in August.
Stcgg,no one is selling RTHM or HSAC, a half price from IPO.
siliconinvestor.com
You have a free ride to 4500,Good luck....el
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