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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (17333)6/7/2001 10:26:33 PM
From: TREND1  Read Replies (1) | Respond to of 30051
 
You know I am a card carrying member of "Options AAA".
While shorting is not as bad as buying PUTS and CALLS,
it is better left to the people on the floor. IMHO.
You do realize that down markets acts differently then
up markets?

Larry Dudash



To: mishedlo who wrote (17333)6/7/2001 10:35:24 PM
From: Zeev Hed  Respond to of 30051
 
Well, Mish, if you insist on shorting and you think this rally does not have legs, AMAT and NVLS at around $58 plus (you probably can get that in the morning) with a stop loss just above $60 on a closing basis. If they break $60 on a closing basis, they are in a new uptrend.

Zeev


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