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To: JRI who wrote (8539)8/1/2001 8:35:48 AM
From: AllansAlias  Read Replies (3) | Respond to of 209892
 
If this gap-up holds, then it will be it. Still, I have found that on these sorts of days where one is looking to short the gap-up, there is usually that one last push after an initial pullback, often to a marginal high on a quickie pop. That's what I'll be looking for to short.

JRI, I think it's better than an even chance that futures drain so that we open at not such an ecstatic level. The high this morning matched yesterday's intraday high.

Don't ya love this upgrade game. Now that smelly is breaking out and everyone is calling the bottom of the cycle (as if), we get the upgrades. Watch MER unload!



To: JRI who wrote (8539)8/1/2001 11:44:53 AM
From: marginmike  Read Replies (2) | Respond to of 209892
 
Sold BKX/QQQ"s bought aug 630's put on sox as planned. Only bought 1/2 position. Still long Qcom seeing if she can bust through 65 through 68. Raised stop loss to 64.40 to garantee a profit. I still believe this thing can drag a few more days but the Down signals are alighning pretty visiously that we should get bjg down before sept. IMHO

I hope my luck is still good been on a roll-g-/ng


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