Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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

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To: Jenna who wrote (119384)	12/18/2000 1:17:33 PM
From: Jenna	Read Replies (1) of 120523

<UPDATE> nice time for reversal... out of short plays. now we can nibble on the longs we are a little early here but with the dow powering, we are prepared. There is no need to be stuck in short positions that could end up an albatross as the nasdaq will probably rally into the 2:00 reversal period. Shorts holding over the weekend did not fare that well either... and would have been better off selling short the rally instead of getting stuck inside the morning gap up, scurrying to cover and only waiting for the gap up to fill (of course many were stopped out).. to just break even.

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