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Strategies & Market Trends : The Amateur Traders Corner

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To: Blue On Black who wrote (3388)11/17/2000 3:04:33 PM
From: Street Hawk  Read Replies (2) of 19633
 
This market is the hardest to trade in at least the last 2 years.

Going long is lethal, since stocks are still overvalued and fundamentals and technicals are wrecked. Going short isn't easy due to the excessive crowdedness of shorts, i.e. MPPP, KREM, etc.

Really its no mans land, probably those that are doing best are the good dayflippers since there have been some volatile swings and the gator shorters. The true pump and dumps are very few and far between, and those that show up are crowded as all get out and tough to borrow.
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