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Technology Stocks : CDWC
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To: yard_man who wrote (81)3/26/1999 11:00:00 PM
From: Albert Mou  Read Replies (2) of 189
 
I didn't cover on the day $6 surge, but covered 1/2 the succeeding day. I shorted too many, decide to give myself a bit break. The whole CDWC frequent hysterical surges (2-3 times already) reminds me of the wolf coming story (for shorter). This is probably the third time CDWC has such a sudden surge, then fizzle. IT WON'T WORK ANY MORE. The shorters are gaining confidence to stay long especially the next day dropped five bucks on the day Nasdeq had a strong rally. If CDWC break down $62, then your target may realize. I long on PCCC and MWHS, short on NSIT and CDWC. Past two days really worked wonderful for me.
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