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Strategies & Market Trends : 50% Gains Investing

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To: kimberley who wrote (702)	4/9/1998 8:43:00 AM
From: Dale Baker	Read Replies (1) of 118717

I wouldn't short into this morning's euphoria unless it starts to turn around early. I have open shorts in MANU and VRSN with tight stops. Looking to double up on PRST if yesterday was the blowoff top which I suspect. Otherwise it pays not to fight the tape. You could for some of today's high flyers starting to crash before the bell as the daytraders get out. Maybe play XCIT both ways. Is XCIT worth buying at the market price at the opening bell? Briefing just gave it a plug.

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