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Strategies & Market Trends : Strictly: Drilling II

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To: Square_Dealings who wrote (10694)4/20/2002 3:23:06 AM
From: Square_Dealings  Read Replies (3) of 36161
 
Notice how that telecom "rally" suddenly reversed? The big guys were suckering people into buying those stocks. The same is happening right now in the brokerage stocks now (GS MER JPM). These are setting up to be good shorts.

It looks like Q WCOM T etc. etc. are headed to bankruptcy.

FRE and FNM look like good long term shorts here imo. Short and hold <G>

M.
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