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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?

To: KevinMark who wrote (20729)10/31/2000 1:20:00 PM
From: AD  Respond to of 49816
 
HOMS starting to look tired. That run up was such crappola a few days ago. The mkt cap is ridiculous. And income stream from advertising isn't going to make them profitable. I think that 9 pt move recently is a gift. Short again here. 34 5/8 for starters.



To: KevinMark who wrote (20729)10/31/2000 1:20:02 PM
From: Ian McGuire  Read Replies (1) | Respond to of 49816
 
in a downtrending market , it make more intuitive and technical sense to short a stock making new lows than to buy a new low in the (most likely) misguided belief that one has picked a bottom....kevin's technique is sound, moreso if coupled with a sound stop methodology.....i


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