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

To: mishedlo who wrote (21775)	7/27/2001 10:40:40 AM
From: Paul A	Read Replies (1) \| Respond to of 30051

You shorted a full position of MU? brass ones : ) This market looks like tons of shorts stumbling over each other with a sprinkle of buyers to help it along.. How about that? I wouldnt be surprised to see nasdaq go over 2100 today.. but I still think its all nothing but alot of short covering and head fakes.. but definately not gutsy enough to take full positions at this point.. I plan on averaging into my shorts after we go below 2000 again.. rather play it that way.. The last 3-6 months I have done very small position plays, and its worked out quite well- AND a bonus= I can sleep at night! let everyone fight the day to day, and ill just take it 1 week at a time.. IM short INTC as well.. MU and INTC.. just watchign AMAT to see if they can bring it to $50.. now of course the second I go to send this message stating I wouldnt be shocked to see a break of 2100, the selling intensifies.. Lord am I out of the 'groove' or what? off to work- gorgeous day in the Northeast.. shame I have to spend it in a 'cube'.. working class hero, I..