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Strategies & Market Trends : Rande Is . . . HOME

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To: Baton who wrote (50699)	4/18/2001 1:07:46 PM
From: American Spirit	Read Replies (1) of 57584

Don't short into this, buddy. It's mid-way through the upward correction which started 10 days ago. And another Fed cut in three weeks. Bears are shattered today. They'll never be able to get away with what they've been doing the last 3-4 months. Short 20% higher Maybe. Most you'll get shorting is a small profit-taking dip, then back up again. Shorts made almost nothing Monday and Tuesday. They'l make nothing Thursday and Friday either. They need to hibernate for 3-4 weeks.

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