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Pastimes : Home on the range where the buffalo roam

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To: freeus who wrote (12359)	4/6/2001 2:56:01 PM
From: Jim Willie CB	Read Replies (1) of 13572

been saying it for several weeks: SELL INTO RALLIES that includes shorting also real impressive rally yday, far too impressive, unsustainable it exhausted all the buyers, what a laugh! if Dow ran up only 150-175 pts, then it could sustain if Naz ran up only 40-50 pts, then it could sustain no way sell into rallies sell high pe stocks sell downtrending stocks that jerk up slightly plenty of dead people twitch before lying still forever plenty of shorting opps left when CSCO dropped from 50 to 30, that was 40% profit for a short when CSCO drops from 15 to 9, that will also be 40% profit for a short when the numbers are smaller, like now, a small drop translates to a large pct profit for a short dont be fooled by low numbers at least a dozen bigname tech stocks will be single digit by summertime / Jim Willie

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