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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: bdog who wrote (27231)3/10/1999 1:06:00 AM
From: Instock  Read Replies (1) of 79243
 
bdog: Short Sell EFAX 8 7/8, looking for $7.50 quickly. If it miss's target, you still have gain, just not as big as the potiential. Better luck next time.....

Upside risk, almost none that I can see, short term.
The niebies to the stock ( those who have gone Long in the last two days on News ), will jump ship as the stock drops. Shorters will be selling too. etc, etc, etc..

If I am wrong, won't be the first time..

Love shorting in this market.
So many HOT 1 - 3 day Large Run up $$$ giving so many oppertunities for good Short Sells.
And, you can feel it in your bones, this Market is about due for a Downside, fairly hard, correction.
Be nice to be Short when there is a 300+ point drop in the Dow, and you know the stock has every right to drop without the BAD Market!!!
WWEEEeeeeeee....... Just think, instead of lossing a bunch on a Strong DOWN Market day, You make a GAIN, AND have more $$$ then before, to buy so many BARGAINS available then. Like a super ball

You think the DOW will cross 10,000 without another retreat? Maybe, but I don't think so!

Of coarse, I could be dead wrong too...: <

Instock
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