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To: Poet who wrote (591)4/20/2001 4:13:32 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Even if you exaggerate, and you do -- thanks.

One other worry for bears in here is that the NASDAQ Composite had a strong break back up through the 1990 TL. Very bullish that.



To: Poet who wrote (591)4/20/2001 5:54:07 PM
From: XBrit  Read Replies (1) | Respond to of 209892
 
I'm nibbling at a few shorts in tech trash. Holding over the weekend for a swing trade. BEAS, KLAC, RIMM. Not big exposure, but volatile. I took small profits, like 5%, on a PMCS short this morning.

Speaking as one who got scorched by the Fed-o-gram on Wednesday (10% of my account got vaporized, ugh), obviously anything might happen. But the odds strike me as pretty good for a mild pullback. Maybe 60-80 Nas points lower than now, sometime over the Mon-Wed timeframe.

My thanks also to Shack and Mr Alias and others. Excellent thread.