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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Seuss who wrote (4865)	3/16/2000 10:52:00 PM
From: Ocean_Joe	Respond to of 19428

How are my old short trade artist friends? It's been awhile since I have even lurked. I hope you all made out like bandits on this most recent, technical, (and predictable) Nasdaq retracement. I was fortunate enough to have lightened up at the first sign of retreat, avoiding losses and preserving capital - just not gutsy enough to place across the board shorts. I read some prior posts - I still avoid using fundamental or P/E based analysis used by those wanting to short. In this market, where too much (ever increasing) money chases too few stocks, it just doesn't work. I prefer charts - trade ahead of the flock - whichever the direction. As of todays afternoon trading, the bounce on the Nas may have begun. Is it a bounce (and then resumed selling) - or back to the climb to the moon - who knows. I actually bought some PG but like all 3 letter stocks, it moves so slow I got bored and went back to scouting NAS movers - up or down - at least they move. I bet the present move to DOW will not last either as they lack sex appeal. Anyway, just comparing notes. Ocean_Joe