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

To: Rich1 who wrote (22409)	8/1/2001 8:46:52 PM
From: Paul A	Read Replies (3) \| Respond to of 30051

heh.. Actually, my trade on ATYT bought me some time on my shorts.. I did exactly what I did yesterday.. Put in a pile of buy stops, and was shocked to look back at 3:30 and see the rally never had legs.. and of course, since the buy stop limits never hit on the stocks I wanted to go long, my shorts never got stopped out.. so once again IM holding until my pressure points are hit.. What was amazing is I couldnt get a borrow on MU.. How many shares are outstanding there? Reminds me of the days when I was foolish enough to short those stocks with 1-2 million shares and people did the 'canada' thing to get shares.. Probably just as well I didnt get a borrow on MU.. Game over on that one if this rally breaks 2100.. s/i is turning awfully bullish.. Most bears threw in the towel, and you gotta admitt- this rally was anything less then impressive.. I still see the big gains being made on the downside if they cant take it higher.. Wheres the frickn volume during all this 'rah rah go go b.s.' ?