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To: chic_hearne who wrote (2088)7/5/2000 3:48:09 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 436258
 
you're quite right...tomorrow the stock pimps will be tripping all over each other issuing upgrades...



To: chic_hearne who wrote (2088)7/5/2000 3:57:54 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
< The semi's could be in the toilet for some time to come, but I think today is too early to go short because
there will be dead cats bouncing tommorrow.... FWIW >

Exactly why you have to stay dead short at all times... there will be many alleged bears sitting around dithering about shorting a bounce when the market finally tanks, they will miss plenty, things will happen quickly.

DAK



To: chic_hearne who wrote (2088)7/5/2000 4:04:49 PM
From: John Graybill  Read Replies (1) | Respond to of 436258
 
I'm with you -- we'll get a shortable dead cat bounce tomorrow. (Witness the credible support for NSM today at 50. Closing at 50 is sure bait for the dippies.)

Ain't gonna try to catch any of the rise though -- the proper strategy for the forseeable future for any of the stocks on the SSB death list is to short any rallies. At worst, you might be gritting your teeth for a point or two, but this will be the Quarter of Misery for the chip dippies.



To: chic_hearne who wrote (2088)7/5/2000 4:05:38 PM
From: John Graybill  Read Replies (1) | Respond to of 436258
 
I'm with you -- we'll get a shortable dead cat bounce tomorrow. (Witness the credible support for NSM today at 50. Closing at 50 is sure bait for the dippies.)

Ain't gonna try to catch any of the rise though -- the proper strategy for the forseeable future for any of the stocks on the SSB death list is to short any rallies. At worst, you might be gritting your teeth for a point or two, but this will be the Quarter of Misery for the chip dippies.

Oh, and there will be a few margin calls in the next few days as well to add to the fun. -g-