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


To: besttrader who wrote (30904)7/12/2001 8:40:47 PM
From: Jane4IceCream  Read Replies (2) | Respond to of 37746
 
No No No......you miss my point. This market says you must be nimble, must be quick.......trade whats in front of you.

I am not great at shorting but I realize THAT's what had to be done the past several months to make money. Today the market went long. I bought and sold stocks like a banchee from the bubble era.

I am basically flat this eve selling what I had left in AH except for a couple.

-Jane-



To: besttrader who wrote (30904)7/12/2001 9:48:59 PM
From: YourKing  Read Replies (1) | Respond to of 37746
 
Knight - Are you caught short? Despite the gap open, many stocks opened near their low of the day and finished near their high. The market was just looking for a reason to go short-term higher. MSFT was the catalyst. Market was short-term oversold. This was the first day in awhile when resistence on goods stocks/indexs were penetrated. Guessing what the market will do tommorrow isn't very sound. TA has been difficult enough. Sox/Nas should have a nice little run over the next few days.