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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: t2 who wrote (85552)6/25/2002 7:51:02 PM
From: ajtj99  Read Replies (1) of 99280
 
t2, one thing I've learned is know the trend before you play. If we do bounce, I believe that bounce will be shortable. If we drop below the Sept. lows on the COMP and keep dropping, I think buying long only after a successful re-test is the prudent thing to do.

If you want to short, many Dow stocks are ripe for picking, IMO. They have a clear path to Dow 8800 and possibly 7900 over the next week or so. Personally, I would rather short DJX than try to pick which Dow stocks will fall more than the index.
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