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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: 10K a day who wrote (56429)7/12/2000 1:53:55 PM
From: Fun-da-Mental#1  Read Replies (2) | Respond to of 99985
 
impristine, your "July option dollars" post was right on the money - those heavily shorted stocks you mentioned are the biggest gainers today! The real leaders, the monster-cap stocks, are pretty much flat today, but the ones you listed - former hot stocks now crashing - are having a big bounce. I can't say it's a dead-cat bounce, since the major indexes are on the verge of breaking out, but it's definitely an oversold bounce.

Fun-da-Mental