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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject5/8/2001 3:09:44 AM
From: Devin123   of 37746
 
My take on tomorrow: another slow day like today while news of CSCO is pending. They will sell off if bad news Wednesday, then like always, someone will put a positive spin on it and buyers (and short covering) will cause a rebound. If positive news, look out! Shouldn't be positive, though, unless they're lying through their teeth.

Mixed futures at this point. Tomorrow a little choppy, but no big surprises.

My picks for a ss: ERTS and possibly ORBK. I still see CEFT falling -- has a strong sell signal, but it just doesn't go anywhere and I need volatility. One other showing extreme weakness is SAFC. I may short that for a long term short.

Good luck tomorrow.
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