Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

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To: GROUND ZERO™ who wrote (7782)	3/13/2003 9:38:42 PM
From: rogermci®	Read Replies (1) of 207021

What might happen if the headlines over the weekend trumpet the exile of Saddam? How about a major gap up and another 300-500 points? Have you run into any chart readers lately (other then Wollie) who are bullish? How about all the "it's hip to be short" amateurs who infest the SI boards nowadays? Can you imagine the scramble? There are a couple of hedge funds out there that can press a future like there is no tomorrow, and given the short disposition of so many hedges out there -- short the SPX, short the Spiders, short the QQQs, short the Semiconductor HOLDRs, and the Morgan Stanley Hi Tech 35s and whatever else walks, talks, wiggles or jiggles-- we could experience a vertical move. Possibly a donnybrook for sure. Stranger things have happened. Wouldn't surprise me though.

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