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To: Jeff who wrote (18005)4/5/2001 10:33:09 AM
From: Jeff  Read Replies (1) | Respond to of 19297
 
yesterday CNBC starts the short squeeze talk......

today they are all giddy about this rise on nothing news from DELL......

in the end.....they are just fattening up more shorts for down the road.....

just so everybody doesn't forget......pull up this one year nasdaq chart...make sure you see slow stoch 5-5......you will see 2 up months in the whole year...august and january.......and you will see two perfect stoch 50 bounces in guess what......august and january......now if you want to make a safe long term entry in this market.....guess what.....buy the next stoch 50 bounce......and that won't even happen for another week or two......cause right now nasdaq is oversold bottom.....

thats the only way you will be able to hold for more than a few days and make some easy long money.....period.

until then longs intraday only.....and let em fatten up easy shorts for another bogus rally failure.....

bigcharts.com