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

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To: dennis michael patterson who wrote (6803)5/2/2001 7:01:58 PM
From: dawgfan2000  Read Replies (3) of 52237
 
>>The naz feels like a short squeeze. I cannot put my finger on it, but the pulsating action feels like a combination of squeeze and fast money. I keep making money shorting the rallies but long is looking going to me. That is how I know we're ready to pull back!<<

I would nominate CMGI for a squeeze, or something. Nearly doubled from Monday, 35 Million shares traded today alone! Something weird going on (maybe Wetherall was booted from the board). Article on under $5 stocks moving...per Lee's post from John Pitera, a lot of single digit stocks moving today, some on pretty good volume. But which is it, shorts covering or new positions...

thestreet.com
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