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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 665.67

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To: space cadet who wrote (19041)	12/23/1998 5:40:00 PM
From: xcr600	Read Replies (1) of 68070

SC, I did the same thing as you. Lost my first 6mo's of profits in the last few. From the short side. Don't fight a raging bull. I was never convinced everything in the world was right, but why fight the tape? Now having played the i-nuts the last week, I'm back to where I was this summer. What a nice feeling and it only took 5 days! Is making money suppose to be this easy? Time to quit my job and trade internet stocks. not! Still holding MZON from 10, whish I bought more. Dumping ONSL. Looks like it's run out of steam. (Maybe just consolidating, but I don't feel comfortable holding these things long term unless it's AOL,YHOO, or AMZN). Clint, do you have an upside target for MSFT? I'm looking for a safer play than the nets. I see more upside in MSFT than DELL. I think the trial has held it back for quite some time. Tried shorting IMAL this AM, but missed by 1/4 point. Was down 10 from it's high for the day. x

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