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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Brister who wrote (95920)5/3/2000 4:19:00 PM
From: Jenna  Read Replies (2) | Respond to of 120523
 
We did have short calls: <<From May 1st Watch List. On the SHORT side: PSIX, LQID and MMWW seem to be extended. Make you move only AFTER they move down a bit, start to consolidate.. Any break to the downside after intraday consolidation could be a short play.>>

All were down since the post. LQID was the one that was down the most from 16 to 12 1/8. MMWW was down from 20 to about 17, and PSIX down from 24 to about 20 1/4. The following day was even a rally day (May 1st) but these were down nevertheless. Shorts and puts are not as easy as they seem but they will have a very strong presence in the Trading Forum. We have had about 20 shorts on the thread in the last 7 weeks... Only NEWP was temperamental but did succumb in the end, and in a big way.