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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Jordan who wrote (6165)7/16/2001 3:28:40 PM
From: Frederick Langford  Read Replies (2) | Respond to of 208838
 
He's the fastest clicker in the West <G>

Fred



To: Jeff Jordan who wrote (6165)7/16/2001 3:30:36 PM
From: 2MAR$  Read Replies (3) | Respond to of 208838
 
sold and reshorted 24.32 BEAS



To: Jeff Jordan who wrote (6165)7/17/2001 2:46:43 AM
From: 2MAR$  Read Replies (1) | Respond to of 208838
 
You sure are fast!...on BEAS

Not really fast ...just climbed that cocconut tree
before....hehe

Last april Jeff playin BEAS when it was bottoming
out , almost the same exact scenario unfolded ...

After all the downgrades , rumors , and talk of
high valuations ....there was one black morning that some rumor
got circulated to try and create one last good shake out
and sell-off ...like the WEBM rumor today.

Then the rumor gets denied in the afternoon, the CEO
comes out and reaffirms there's nothing wrong with
the company's outlook , and they are "on track" etc
and a flood of orders from some trading desks
come shooting thru ... the stock squeezes
& rockets back up .

Back then , I think BEAS rocketed back up past $27
from a morning low of $22.50 , and went on up into
the $30's later. Not saying that will happen this
time out in this climate ...

But I was superconscious all day when shorting BEAS that this
same little game was unfolding again , and kept a sharp eye
one the news and Level II for this to happen ...and kept
taking profs & switching
to going long....

These pros , every season are conducting an "Opera"
on these stocks , running them down , covering
and trying to get
their "entries" ...

I was more ready today , having seen that Opera
before ....also helps to remember
the Libretto!

BEA CEO says not in talks to buy webMethods
biz.yahoo.com

VRTS on deck tomorrow ...

;-)