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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?


To: Blue On Black who wrote (3388)11/17/2000 3:04:33 PM
From: Street Hawk  Read Replies (2) | Respond to of 19633
 
This market is the hardest to trade in at least the last 2 years.

Going long is lethal, since stocks are still overvalued and fundamentals and technicals are wrecked. Going short isn't easy due to the excessive crowdedness of shorts, i.e. MPPP, KREM, etc.

Really its no mans land, probably those that are doing best are the good dayflippers since there have been some volatile swings and the gator shorters. The true pump and dumps are very few and far between, and those that show up are crowded as all get out and tough to borrow.



To: Blue On Black who wrote (3388)11/17/2000 3:23:52 PM
From: steve susko  Respond to of 19633
 
LOL ......well said



To: Blue On Black who wrote (3388)11/17/2000 3:32:46 PM
From: steve susko  Respond to of 19633
 
i'm on my third monitor ... vbg



To: Blue On Black who wrote (3388)11/17/2000 4:20:57 PM
From: Tom Hua  Read Replies (1) | Respond to of 19633
 
Lee, well said. IMO, ICGE is a much better company than it was last year. It was bought in a frenzy for the wrong reasons last year, and it's being sold in a panic for the reverse set of wrong reasons. I'll continue to be a buyer during tax loss selling season.

Regards,

Tom