Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Scrumpy who wrote (55324)	8/10/1999 7:29:00 PM
From: hjz	Read Replies (1) \| Respond to of 120523

Another day another short cover rally, for all of those who don't like to short stocks just wait awhile and there will be alot of opportunities to watch the shorts get squeezed. It happened again today, +10 YHOO + 13 EXDS + 7 AMZN + 10 EBAY. Those are major gains and can make a whole week for a trader in less than one hour. Unless you are an incredible trader, I would like to see the traders who made anywhere close to that going short today. There is a lesson to be learned here, the moves down may look tempting but why not wait and just buy when all of the other shorts are scrambling to buy back. Puts are a much better way of surviving a downturn in the market, shorting a stock as today has proven, can sometimes be very painful. HJ