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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: GregS who wrote (8059)4/5/2001 2:31:22 PM
From: Tom Hua  Read Replies (1) | Respond to of 19633
 
Greg, my target for this bear rally is about 150 pts on the Naz between today and tomorrow, basically half of its loss in the past week. We're 25 pts from there, so I'm beginning to do serious re-adjustment of my long/short ratio. It was at 4 at the close yesterday, and I'd like to take it down to between 1 and 1.5 at the close today.

Regards,

Tom



To: GregS who wrote (8059)4/5/2001 2:34:20 PM
From: Tom Hua  Respond to of 19633
 
Greg, I just hit CCMP at 47 1/8. It's going wild thanks to the low float. I can't think of a better short now. I'd short it with impunity.

Regards,

Tom


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