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Non-Tech : Credit Acceptance (CACC)
CACC 429.72-6.2%Nov 4 3:59 PM EST

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To: taxikid who wrote (43)10/31/1997 2:09:00 PM
From: Sniper  Read Replies (2) of 103
 
Out at 27/32, then shorted at 27/32 coverd at 5/8... break even. phew.

Played VLNT today for scalps and also come CYMI scalps. Nice profitable day. Aint taking no longer positions as I heard a trader tell me to sell into any strength, apparently he feels that the big guys are bailing the techs.. its very apparent on time of sales.. seeing lots of block sells across the board but no downticks.. hmmm.. mms in cahoots with the institutions...

careful..

btw, zitl played that for a quick 3/4 pts on the rebound. I know the company sucks... and the conf call confirmed it but i also knew shorts had to do some covering...

Snipe;
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