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To: mishedlo who wrote (12629)4/13/2001 1:48:03 AM
From: Boplicity  Read Replies (3) | Respond to of 13572
 
re: This shorting opportunity is almost as good as the one we had in Feb.

I was just saying to myself, that this looks similar to the beginning of the year rally, except with three large differences. 1) Stocks are way lower. 2) We have a better handle on how bad it is. 3) Lower Rates have yet to work their magic.

Add them together you get an benefit of the doubt rally, that will only fail when the know story is made much, much worse then it is now. I really do not see another easy shorting period like we just had for the rest of the year, maybe not for many years to come.

B



To: mishedlo who wrote (12629)4/13/2001 12:22:32 PM
From: Sam Sara  Respond to of 13572
 
I've avoided tech shorts for a while now.

Overeager bears will continue to get their paws chopped off, IMHO.

We were very oversold, and I am assuming that the earliest stop for Naz is 2050.

There will be some overextended stocks at that level.

This could be one of those rallies that lasts a while.

I'm assuming we retest on Naz, and I'll try to catch most of that move.


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