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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (14978)8/14/2001 12:04:03 PM
From: TechTrader42  Read Replies (2) | Respond to of 52237
 
Pray for more upgrades of overpriced techs with rapidly vanishing pro forma (imaginary) earnings. That's one possible course of action. (Is it a generally accepted accounting practice to keep account books with vanishing ink? I wonder. It's an idea.) Don't underestimate the power of wishful thinking. (It worked with some tech stocks for a few minutes this morning.) Or: Preach to the unconverted bears. They're misinformed and refractory and will soon see the folly of their ways. But remember: Never short a low-volume market, the experts advise on CNBC. Let the big boys get all the available shares.



To: Paul Shread who wrote (14978)8/14/2001 12:21:16 PM
From: Jan Crawley  Read Replies (1) | Respond to of 52237
 
Amzn is trading at 10.69 and going towards $11. Looks like a small wave of short covering. I bot 1K shares at 9.97...I can take pizz$ right now...or I can hold for a few more days...Thoughts? Thanks.