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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (714)6/14/1999 2:39:00 PM
From: -  Read Replies (1) | Respond to of 18137
 
<we could see a big short covering rally in the nets...>

It could be starting now... YHOO, EBAY, AMZN all coming up off their lows right now... will watch for follow-through to confirm. They are not rebounding that strongly though... acting a little weak again...

Things are so overdone, I'd be more likely to scalp the long side in the nets at this point. They probably are heading lower over the next few days, though! Imagine, if we were to get weakness in the broader market... say a too-hot economic # on Wednesday... it could get REAL ugly.

-Steve



To: Jerry Olson who wrote (714)6/14/1999 3:37:00 PM
From: Eric P  Read Replies (2) | Respond to of 18137
 
Options Jerry / Truff / Steve:

You're both fighting a losing battle... You both know that stock picks and minute-by-minute commentary are better discussed on Taf's Final Frontier Watchlist thread:
Subject 22359

All you are doing is generating guilt for yourselves, and that can't be good for your trading. Repent, repent! In all seriousness, I'd appreciate us all keeping focused on the Fundamental and Lessons we have learned in daytrading, and NOT on individual stock picks and plays.

Thanks!
-Eric