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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: 200ma who wrote (87690)3/29/2001 5:10:00 PM
From: maceng2  Read Replies (1) of 436258
 
exmedstudent,

The POS index

siliconinvestor.com

As most of the POS's have received a good killing, I suspect there might be new POS stocks.You kill one, more appear -g-

I think COF maybe turning into one. I couldn't buy poots on it several days ago when things were looking bad, no matter what bid I put in, came back "rejected" each time. So I took a small short out on it. Covered yesterday as it was going up. Thank god for seisko (CSCO) -g-

I have some poots on it from yesterday, but I wonder whats going to happen if too many bears pile into it.

I try and steer clear of POS stocks, it's only for the more hardy and experienced bears to mess with -g-

The other concern is a switch back up to Myths Trading Range. It's been broken but it has potentially bear killing jaws (DOW 9850 to 11000) aka

equis.com

I like the "traders remorse" concept and pay attention to figure 15 in the link.

So I have hedged my poots with calls in crap like KO and just try and build a substantial short position in CSCO and GE over the next year as we grind down.

pearly.
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