Pump's daily trading recs, emphasis on short selling Message Board

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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: Michail Shadkin who wrote (480)	5/12/2001 6:15:59 PM
From: Dr. Stoxx	Read Replies (2) of 6873

Hiya Pump! I note that you are short FCEL. I've just posted a short on the BTTT thread, BLDP, that is in the same (or at least similar) industry. Financials don't seem quite as bad as FCEL's, but nor do they look good (same cashflow problem, e.g.). Stock has run up 60% in the past month, and has hit resistance. I was alerted by the 500% increase in average volume on Friday (including 5 blocks over 250k, one at 1.5m below bid), and close below the 50MA. I'm nearly exclusively a technicals trader, so would welcome any insight you might have regarding this short from the fundamentals side...particularly if you have any insights, vis-a-vis FCEL, into the alt. energy industry. Seems to me this area is hitting a momentum period, but with the present administration and recession fears, funding for further research might be hard to come-by... (edit: this recent article might prompt speculative inflow into FCEL/BLDP...or maybe not...??? dailynews.yahoo.com Please ignore if time does not permit. See: Message 15792305 PS: joined you in CPST and covered in AH's Friday for a buck. Thanks! TC Befriend the Trend Trading

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