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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: bambs who wrote (2494)3/21/2001 11:25:39 PM
From: westpacific  Read Replies (2) | Respond to of 74559
 
Something is going to happen in the banking sector, I just feel it. Sector is selling off hard today.

All it takes is some real bad news and market is in even bigger trouble.

Bottom fishing is foolish, day trading and shorting bloated pigs is smart.

Careful folks, this market is on thin ice - one news event and you do not want to have many longs.

West



To: bambs who wrote (2494)3/22/2001 1:59:14 AM
From: Steve Hegji  Read Replies (1) | Respond to of 74559
 
bambs - what vehicle do you use to short the Dow?



To: bambs who wrote (2494)3/22/2001 4:43:29 AM
From: JRI  Respond to of 74559
 
You know....we really should have an office pool (you know, similar to NCAA's)...where we can bet on what day Battapaglia, Cohen, etc. are going to go on TV, and do their spin....

Al Goldman for AG Edwards....That dude is still at the top of his game...

All these folks should be put out to pasture. (or better yet, the small investors should storm their offices in a coup)...They made their multi-millions on the backs of the little guy, profiting from illegal trade and false promises like some two-bit Central American dictator.......

Enough's enough.....time for them to take their money and run, and go off to exile in Tanzania...



To: bambs who wrote (2494)3/22/2001 11:05:04 AM
From: tradermike_1999  Read Replies (1) | Respond to of 74559
 
I have no long positions and short a bunch of stocks. Do not plan on covering until I see a double bottom in the Nasdaq or the Nasdaq gets back above 2000. Neither seem likely to happen anytime soon. Any rallies I believe will be shortlived until one of these two happens - so why cover.