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Politics : Ask Michael Burke

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To: Yogizuna who wrote (99175)6/10/2003 4:31:38 PM
From: James F. Hopkins  Read Replies (1) of 132070
 
I just have a small position in ewj, mostly because
of it's high short position.
You did see the long term chart..
finance.yahoo.com
If this rally is for real, EWJ will soon get some action...
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BTW I closed my qqq puts yesterday.
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A sleeper I like is CVNS..
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Don't get me wrong I'm not saying the rally Is for
real yet..and I'm playing it hedged just in case.
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There are some things in question,
A lot of this has been shorts covering
and the mo mo in big caps hasn't kicked
in it's been a lot of "the tail wagging the dog that has
run up the indexes "..
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Smaller float stocks are the ones moving up
fast..and if they pull back it will also be fast too.
Jim
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