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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: velociraptor_ who wrote (8412)	1/26/2001 4:14:09 PM
From: herry iball	Read Replies (1) \| Respond to of 37746

Thanks V... On another topic... I'm truly disturbed by the extreme exhuberance being shown in the nasdaq. Either I'm missing some vital issue here and not getting it...or folks are just setting themselves up bigtime. On the other hand, It can hurt the pocketbook to play against the tape. These kinds of conflicting pressures make it hard to play the 'market', and I'm just going to sit on my watchlists and play the charts up or down....I've stopped trying to understand the market sentiment these days. Regards, -Rap

To: velociraptor_ who wrote (8412)	1/26/2001 4:23:09 PM
From: maverick61	Read Replies (1) \| Respond to of 37746

One other note on ARTG - I know I posted a cautious comment before about shorting it - so don't want to come across as negative - but isn't it possible that the run up in the first 15 minutes was due to some heavy short covering. Looks like this has been hit pretty hard more than doubling this month. Their good earnings report and forward guidance could have caused a lot of short covering this AM - and thus it wouldn't be fast momo money chasing it up 10 month shrs short ave volume ratio 01/01 4,173,702 3,090,968 1.35 12/00 2,051,418 2,374,157 0.86 11/00 1,343,755 3,263,225 0.41 10/00 1,240,733 1,703,889 0.73 09/00 776,406 1,562,930 0.50 Any thoughts? Still no position myself