Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: robert b furman who wrote (66)	2/15/2001 6:49:44 AM
From: robert b furman	Read Replies (2) \| Respond to of 1298

Hi Mag, Large Cajones or maybe just crazy.gggg I just got my head handed to me on that NVLS short. It worked the first time - I gave it back the second trip. But I learned a good lesson: a short trade is best in your favor as stochastics roll over when price is on the top of the trade channel. It is a very risky trade to snag a short when the stock is on the bottom of the trade channel and the stochastics have drifted down below neutral - it can work,unless buying volume comes in. You my friend seem to be shorting qqq at the bottom of a trade envelope.Stochastics are just about bottomed.What your hoping for is fear and a sell-off - what you must watch out for is volume and buying? I've not traded QQQ's how do you watch for buying coming in?? Bob