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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	4/19/2001 7:17:03 PM
From: Dave Gore	Read Replies (1) of 37746

How about that CORV and BVSN in Afterhours...How about the Market as a whole? While I can't imagine some of these stocks that warned can stay at these levels, I would most definitely be shaking in my boots if I was short tonight. I think many small investors need to realize that the game has shifted (at least for the next day or two or three) and the Market is starting to go overboard on the long side again. When the market refused to go down on the bad CSCO news, that was a bullish sign. When INTC and especially IBM and MSFT announced superb quarters, the deal was sealed. Watch it shorts....even the Hedge Funds got burned today and covered....and the Mutual Fund Mgrs. are very nervous about missing a rally up here and are under tremendous pressure to put their massive cash to work. They certainly don't want their Fund to miss out. The fund business is very competitive and they are under tremendous pressure to make back some money that they lost their customers over the last year.

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