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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: besttrader who wrote (16201)4/13/2001 6:05:16 PM
From: Merlo  Respond to of 37746
 
Last bull market was fueled by short covering. As stock prices went ever higher shorts covered at most stops along the way adding fuel to the rally's. Will this happen again? It appears it already has on some highly shorted stocks. As I said several weeks ago NASDAQ 5000 was not about PE ratios. It was about momentum created by longs buying and shorts covering. The money I've made since then sure is real. Will this last I don't know but will ride the trend until I see otherwise.



To: besttrader who wrote (16201)4/13/2001 8:02:33 PM
From: Paul A  Read Replies (3) | Respond to of 37746
 
Knight- regarding HAND and RIMM, look at the numbers closely.. Its same old same old b.s... Now of course, im short hand so take it for what its worth.. but Im sooooooo tired of companies making estimates by selling investments..

This is one reason im turning very bearish again.. Until the games stop, we cant have a real recovery.. AMZN is in that same category for me.. Crap..

We reached a point where the markets just kept selling and selling, and eventually people had to jump in.. but although I dont know if we are going to go crashing back and make new lows, I am almost certain that it wouldnt be healthy for this market to explode upwards with all the question markets going into the next few quarters..

Everyone enjoy the weekend, whatever you do with it.. family.. friends.. or if your like me and you spend it in a hot tub smoking grass and drinking wine :)

hey.. Im an honest person, what can I say?