Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: dennis michael patterson who wrote (4609)	4/1/2001 1:57:18 PM
From: JRI	Read Replies (2) of 52237

Those are nice....did you notice most everything in "downswing" except for MO? Of course, many of the flyers are heavy shorted now, so any burst upward brings big short covering, so betting on downside is no sure thing... Its unreal that with all the destruction that's gone on, a sharp trader can still make 5-10% in a stock (up/down) in a day....CIEN went up 20% from lows on Fri, before coming back.....this is still a sick market...but I love the volatility.....I would think that one sign that we are getting to a REAL bottom....volatility will lessen....many will just get bored with stocks....I think that's still quite a ways off... I am short Qcom/Chkp since Fri....those charts don't look too bullish to me....(where's the bottom?)....but I'll cover quick on any runaway.....

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