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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: shasta23 who wrote (24033)10/18/1999 12:34:00 PM
From: d. alexander  Read Replies (1) | Respond to of 68251
 
Stefan; maybe it's going to be one of those reversal days ;-) OTH, maybe not. The guiding post on that is #22707. Maybe Clint will be by at lunchtime.

I shorted CMDX at 37 late Friday. Wondering whether to cover & short it again on the rally. I don't have experience with the short side & I believe when they go, they really go - so maybe best to stay put. any comments of a general nature? looks like a rally maybe coming up. Thanks. d.



To: shasta23 who wrote (24033)10/18/1999 12:36:00 PM
From: Clint E.  Read Replies (1) | Respond to of 68251
 
>>>that CLint thinks that the NAZ is oversold. Well..

I choose my words very carefully. Twice since Friday I said, for the Nasdaq "the next two weeks should be better than the previous week".

I stick to that.

This is a classic shake out & an excellent buying opportunity,



To: shasta23 who wrote (24033)10/18/1999 12:57:00 PM
From: Clint E.  Respond to of 68251
 
>>>Any ideas why EFII get's crushed today

Also XRX. That should be a bigger factor.