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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Trader J who wrote (42631)4/24/2001 12:07:25 PM
From: HandsOn  Read Replies (1) | Respond to of 56535
 
Looks like some of the 72 million short shares on WCOM are covering now that news is out that Q1 results will be out Before the bell on Thursday. There was a large increase in shorts d/t ICIX deal, now 13 PE WCOM should move up closer to A 24 PE like T's.



To: Trader J who wrote (42631)4/24/2001 12:35:15 PM
From: stormrider1  Respond to of 56535
 
Agree Jeff, had enough of it, covered OPWV at 35. Just seems to have strong support in that area for now. I still believe we are headed a little lower yet this week, but a higher low will be good for the next move up. I'm sidelined till I see better direction.
Mike