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


To: Tom Hua who wrote (8067)4/5/2001 2:55:15 PM
From: GregS  Read Replies (1) | Respond to of 19633
 
Tom, I'm not adding any more shorts until tomorrow. I don't want to contribute to the squeeze, I've had a nice week and don't need to take unnecessary chances. My guess is that regardless of employment #'s, they will rally this market tomorrow morning, where it goes from there is anyone's guess, but I would say short the gap in the morning if there is one. We've had a weeks' worth of a rally here in 1 day, I'm just not a buyer in here.

Amazing what difference 24 hours can bring, at this time yesterday it seemed like no one would ever want to buy a stock again, now they are willing to pay most any price to get in. Simply amazing. And profitable