To: dacoola who wrote (53951 ) 4/2/2000 2:43:00 PM From: 2MAR$ Respond to of 122087
well, if given the reverse of what I said were true, then the momo is in the downtrend now...and a CMRC will have a tendency to....go down more on monday, after it touches whatever high it makes? **then you could short any top of CMRC and make $$, right? we'll see, .... but that is one not exactly in launch mode right now. LOL...but anything can happen, right? given we are not exactly in a "bull trend". I for one will sleep in and trade intra-day, LOL! It is not my job to determine the valuations here....just listen to the music and try to move with the dance. They have analyst's that get paid to capture the imagination of the investor's minds with "price targets" and Buy ratings.....the market is ultimately as fair as life is....and life goes on. for both shorts and Longs till now each day, there is a running to and from any issue based on the latest rumor or hype, upgrade-downgrade, price target, merger, or tale of woe and disgrace ...the traders (and Funds) move in and out accordingly, the market has been a dubious place much like a grade school-yard , and kids leaping to and fro and reacting to what is "IN" an popular at the moment. From sector to sector, till now. Now you got the "Moments of Truths"...and pre-announcements that will start the boats rocking on monday. A very tricky climate to hold both a short or a long , in general. Now as for trading the opens, I would rather not these days... for intra day is much more dependable if you know your stock, and the market has settled. Fantastic intra-day swings...the opens are to much like Monte Carlo. ...favorite traders lately have been QCOM/YHOO/NITE/ETEK/PMCS/GLW....but far wiser to focus on select fewer , and make money thru any turn. Can you imagine what this must have felt like , for a long friday:siliconinvestor.com but the cat did bounce...and there was money to made there...that is just about the time i woke up! hehe! if that was a ride at Great America....it would be a sell out!LOL! A master at work :-))!------> Message 13332264 good luck everybody! :-) 2MAR$