LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who wrote (12163)	4/6/1999 9:59:00 PM
From: Copeland	Read Replies (2) of 43080

Lots of bad signs on the horizon for the market. Tax day coming up. Overbought on the VIX. New lows on the NYSE back at the 100 level, inside close on the NASDAQ. We've got some selling off to do in the markets. As for the nuts, it's not too good when you hear the crowing that Internet stocks never go down, that the market will never go down, and everybody's neighbor and pet is invested in YHOO and AOL. History says YHOO likes to sell off after earnings -- the odds are good that it'll happen again, unless they hit some unbelievable number. Some possible shorts tomorrow: VVI CLFY TSS GNET is a tentative buy if you want to take advantage of a possible YHOO run-up tomorrow.

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