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Strategies & Market Trends : Shorts waiting to happen

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To: dppl who wrote (309)7/23/1996 12:10:00 AM
From: Kris Barski   of 852
 
Hello dppl. Thank you. As long as they are saying that correction is over we shorts are in good shape. Remeber they are good contrary indicator, plus they can't tell people that we have another 150 points on the downside . Everybody would sell today. They will lie to the bitter end. When they say cut allocation of stocks to 10% and cash to 90% it will mean that correction or bear market is over and it is time to buy. THEY ALWAYS ISSUE BUY RECOMENDATION AT THE TOP AND SELL AT THE BOTTOM WHEN YOU ALREADY LOST YOUR SHIRT. DO YOU REMEMBER BAY,ASND. NASDAQ is going down to 980-1020 area. I think NASDAQ is going to go down as described by Steve Leuthold in A Rallying Cry of latest Barron's. Few days of descent and snap back rally. Great trading opportunity. You guys have to learn to cover when market is collapsing. Reverse your position and go long for a day or two. I did it on July 16 when NASDAQ was down 50 points. SYSF is manipulated and moved on low volume. I will be moving to your thread as I don't have time to participate in both.
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