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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: mike machi who wrote (37917)10/10/2000 7:24:16 PM
From: Jane4IceCream  Read Replies (1) | Respond to of 57584
 
Much of this volatility stems from daytrading and from traders learning to short stocks realizing money to be made both ways. Many traders are still reluctant to short stocks because it is "not the norm." And over the past months, the short interest on stocks we trade has increased in numbers like never before equalling more pressure on stocks when bad numbers and unrealized expectations start to creep in. The resulting freefall is like a snowball rolling down the hill. Most stocks on my watchlist or others I watch trade are obviously being shorted to no end even after a rally on news.....which many times is short covering itself.

My opinion only.

Jane



To: mike machi who wrote (37917)10/10/2000 7:33:45 PM
From: GREENLAW4-7  Read Replies (1) | Respond to of 57584
 
BEST TIME TO BUY...WHEN BLOOD IS IN THE STREET!!; Over the last week or so I have covered all my NASD shorts, and today covered my QQQ from 4200ish. I believe NASD is over sold and could bounce to 3500 very quickly! I bought CRA several times, ACLS today at 7.68, T at 26.75, PUMA at 14, STLW at 24.75 and heavy in CNCT at 5.25. I believe we are in a bear market, and withit comes the best opportunities for an avid trader. I believe margin selling is what we have seen the last 2 days, tomorrow morning may be the royalflush to 3050 or lower. In any case I will trade like the MM and specialist do, to live for another day!

Internets will be my first morning buys, YHOO, CMGI and ICGE will be in my portfolio by 10am est!

Remember the best traders take no prisoners, and have nack for RISK!!!!! RISK that is prepared is REWARDED in the END!!

Good luck all!! Just never forget its US against the MM and Specialist!