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


To: Suresh who wrote (25302)2/23/2000 3:14:00 PM
From: shasta23  Read Replies (3) | Respond to of 69031
 
Shorted EMC above 120...tight stop too. Classic panic buying on the net. Tomorrow maybe profit taking and rotation into dow components again. We're getting from top to bottom of the range on the naz increasingly faster. This time it only took from yesterday afternoon until today. Last time it took us five days...
Oh, just curious: how much is a tight stop on stocks like pmcs? 3-5 points?

stefan