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Strategies & Market Trends : The Amateur Traders Corner
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To: Tom Hua who wrote (5466)1/19/2001 10:50:21 AM
From: oldirtybastard  Read Replies (1) of 19633
 
with a little luck and a little screaming an kicking from the nasdung chart chasers, we may be able to salvage the NTIQ 65's by the end of the day. I sold all most of my long hedges at the open, now 50% short only about 5% long calls...I think we are going down hard next week. Half my shorts are old econ/financials/brokers/lenders though.

Also, don't know what's holding RIMM up, but I think it's getting ready to go...the longs need momentum, without it, the trend will remain down IMHO, same way the south sea bubble went...people will never change.
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