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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (74293)4/5/2001 10:55:04 PM
From: Haim R. Branisteanu  Read Replies (3) | Respond to of 99985
 
Zeev, I do not like sharp moves at all. Today was a classic well engineered short squeeze. There is no fundamental reason for the rally besides a very oversold market.

DELL insider filed to sell en-mass biz.yahoo.com

Real buyers do not panic they buy quietly. Shorts and long panic they cover or sell in a panic. Shorts got to cocky and they had it today.

This morning CNBS started to parade short sellers, .... so I knew it was coming. <GGG>

Sold to early :(

Haim