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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Dave Gore who wrote (117557)11/29/2000 3:29:01 PM
From: Jenna  Read Replies (2) of 120523
 
<font color=teal> Circumstantial Evidence > shorting is more profitable ...for now < We went long CORV, DNA, BVSN and OPWV, but a few of them (DNA, BVSN..) pulled back. I am NOT a die-hard shorter, however I do escape long trades probably the way investors shy away from short trades. I tried to have a few long positions, they didn't work. I figure I can always get ELNT (also one I like for a cheaper price). I try to hold even a few days but like ADI I don't like losing what little profit I made on the long side. I'd rather just get out and cut short the loss of profit. We are not picking bottoms, no one can, but we are putting together a lot of circumstantial evidence and coming to the conclusion that the 'nasdaq' is guilty of continuing downtrends and shorting the rally. We didn't cause it but we don't balk at crashing the party and eating smorgasbord and gourmet, the analysts set on the table
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