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To: Danny who wrote (84006)11/12/1999 12:04:00 PM
From: Robert Rose  Read Replies (1) | Respond to of 164684
 
Well, I'm glad shorting cmrc at 330 worked out for you. Personally, in this market, I don't see that 350 is any more special than 400 or 450. After all, look at qcom sail through 350 on this down day. However, it may pull back, so perhaps qcom is a good stock with which to test your theory.

I think you were smart to cover. I've sold all my second tiers, am sitting on lots of cash that used to be paper profits. I can't wait to plow more $ into the first tiers when this pullback looks finished.