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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote (70918)5/2/2001 6:49:28 PM
From: bob  Read Replies (1) of 122087
 
LMAO! You heard it from the #1 GURU first!!

"WE MIGHT HAVE
BOTTOMED COMPLETELY!!"

"
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Stock Clubs | Short-Term | Market Gems-Trading Strong Earnings Growth and
Momentum (MKTGEMS)


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Posted by: jenna
In reply to: jenna who wrote msg# 1469
Date: 5/2/2001 6:30:21 PM (ET)
Post # of 1482

"SHORT TERM SHORTIE SHORT" back again. Short till the death, maybe
one or two but its the end of a 6 month shorting spreee, a waste of time
when its obvious this market is now BUYING THE DIPS.. and as a once
bear, I'm only TOO HAPPY to exchange our 6 months of shorting
profusing to only selective shorting intraday and perhaps overnight should
the chart dictate. Welcome back to our SHORT TERM SHORTS and our
LONG SWING TRADES. It was long overdue. I still don't trust this market
100% but I would be swimming upstream and biting off my nose to spite
my face if I didn't admit the writing on the wall. WE MIGHT HAVE
BOTTOMED COMPLETELY!!

Looking at my 9 long plays (I always like 9) I am amazed that QLGC and
NEWP are the only "NORMAL" ones. while the Hope Float Babies are
proliferating. What is going on here is simple. While companies like RIMM
(began with RIMM) on down through INSP and HOMS have shown
shorters that the days of shorting through the death are DEAD and
BURIED, we can possibly resurrect some of these stocks for further gans.
Granted we are not going up in a straight line. There will be shorts, of
course, we just came out of 2 short days and now 2 long days on HOMS,
but the "SHORT TERM SHORTIE SHORT" which we coined about 18
months ago is rearing its head once again. Once I was proven wrong on a
put position (still have it) in VRSN I was only TOO HAPPY to reverse
direction on the VERY DAY i bought the put and have been long VRSN
since the day earnings came out (albeit not half as large a position as I
could have).. "
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