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To: Hawkmoon who wrote (2252)9/2/2000 6:06:53 PM
From: Spytrdr  Read Replies (1) | Respond to of 3070
 
i covered the RMBS short more than a month ago, hit and run, i make the fast easy money and leave the froth for others.
i don't even follow it anymore, it's boring.
same with INSP, i'm incredibly good at timing INSP, maybe because it's such a trading vehicle that responds to charts and NOTHING else.
ARBA in the best case scenario will probably make another shooting star at $ 180 and then dive, there are 1 or 2 days left in its rally, or maybe none:

askresearch.com

however ARBA is a very good company, but it won't go higher than $ 180 because it's already at $ 40 BILLION market cap which is totally insane, no matter how good Ariba is.
wait for the shooting star candlestick and for RSI to begin pointing DOWN, and then short.



To: Hawkmoon who wrote (2252)9/2/2000 6:18:08 PM
From: Spytrdr  Read Replies (2) | Respond to of 3070
 
long legged DOJI, bearish:

"The Long Legged Doji has long upper and lower shadows
with the open and the close very close or the same. This
pattern reflects the INDECISION of buyers and sellers. The
open and the close of the day are very close or are the same.
The lower and upper shadows are very long. The high of the
day is very high and at the top of the trend."

spytrdr.com

it's already overbought and finding heavy resistance at the 50-dma.
it's shortable right now, but the big volume the past few days suggests to be prudent, so i won't.
besides, we are leaving the "season for shorting" behind us, the internet index is showing improvement, and internet stocks in general are making nice rebounds.

___
"Now the real question is... are you willing to short INSP for the next 4 weeks?"