Stock Attack II - A Complete Analysis Message Board

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

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To: Paul Shread who wrote (28890)	1/30/2002 10:00:36 PM
From: isopatch	Read Replies (2) of 52237

Right. Classic sell the rumor buy the news. Last thing I'd be doing today is shorting into that kind of news pattern, box or no box. Besides, a large %age of the less experienced players has been culled out of the ST trading game, the past 2 years, leaving a much higher concentration of very savvy pros who will be happy to take the other side of those trades. The way the broad market blasted off after the Fed news, looks like they're already on the winning side of the action. Just not a good good risk/reward ratio to timing shorts into todays setup. Stand aside? Absolutely. Love lot's of cash, till the dust settles. Cheers, Isopatch

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