Clown-Free Zone... sorry, no clowns allowed Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: yard_man who wrote (164438)	5/7/2002 5:40:42 PM
From: Dr. Jeff	Read Replies (2) of 436258

You might want to tread lightly on the short side for at least a few days. This pig is likely to snapback violently in the coming days. WCOM skying 20% intraday off low today was a "warning shot" to shorts IMHO and CSCO is probably going to get squeezed to 16 or so. I also see MER is magically trading at 42.50 (up 2.10) afterhours. A lot of trash is oversold enough to warrant a pretty good sized squeeze, enough to sucker people to pile back in. Also, I think shorts will tend to short stuff too early and create a kind of perpetual squeeze for a little while. Further, I'd like to share a conversation a fellow bearish buddy overheard at a bookstore last night; Basically, this soccer mom was telling her friend that she'd recently learned how to short stocks and was having fun and making easy money doing it. That ain't bearish.... Edit: Barton Biggs on talking bullish now because mistrust is so high and sentiment is so bad. He's looking for more capitulation, but thinks the NDX could double from that level. ROFLMAO!!!!!!!!!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next