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

To: velociraptor_ who wrote (13986)	3/30/2001 9:55:35 AM
From: jeffersonkeith	Read Replies (2) \| Respond to of 37746

Covered DELL for a buck here...I think it could be a good technical short though as well!

To: velociraptor_ who wrote (13986)	3/30/2001 10:04:22 AM
From: JRI	Read Replies (2) \| Respond to of 37746

Raptor- I think some big money is going to run to the sidelines today.....why get ahead of next week's truck? I think this morning was another typical ridiculous prop....I watched Qcom open a $1 higher, and sell off like mad.....CHKP same thing.... I suppose we could get a technical bounce, and some traders buying a rally....but the underlying support, I think would be very weak...in other words, is there really conviction in this buying ("I'll hold no matter what")...I don't think so...I think any buyers here will run as soon as things get scary enough (again)... We got a little stupid bounce there...but it fades so quickly....no smart money is going long into next week...but there's still some trying to get out (before next week IMO)