Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 690.38

+0.4%

Dec 24 4:00 PM EST

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To: Caroline who wrote (1340)	10/1/1998 12:50:00 PM
From: shasta23	Read Replies (1) of 39683

HI CAROLINE! Just covered my short in BEAS at 20 3/8 yesterday because there were huge block(like 100k blocks twice) buying in the end and it's resistance to fall drastically today indicates for me that we will have at least a short spurt upward maybe into the area around 22.5-23. I think that this would be a safer spot to short the stock again. But then again i might be wrong. Stefan

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