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: Art Baeckel who wrote (4064)	7/16/2001 2:44:04 PM
From: Steve Fancy	Read Replies (1) of 6873

Art, I have no target, just expect after 6% fall that it should rally near the end of the day. Everyone's on the fence right now. Tendancy seems they want to buy but looking for more perceived good news from NVLS, IBM, INTC, APPL and others. I am by no means convinced the slaughter is done, but am not going to miss out. Honestly, don't see NVLS going much lower based on what I know, and may hold the position into earnings. I think the news would have to be pretty bad to send the stock to the 40 level, though if disappointing it'll probably be there in a heartbeat:~) I'm in at 46.74. May buy a little more of it doesn't pick up after 3:00. Also am trying to pick up a few more ALA 2003 25 calls at 2. Slowly building a nice position in these. Good luck. Steve

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