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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling -- Ignore unavailable to you. Want to Upgrade?


To: Michail Shadkin who wrote (5581)9/9/2001 11:44:44 PM
From: bbgold  Respond to of 6873
 
Thanks for the input Michail!

I think that you hit the nail on the head when you stated that you were about even between shorts and longs. The markets are tightening and the trading ranges will become smaller and smaller between now and December. Once again I think that the January affect will be one of the best trading periods of the year. Between now and December the markets Should find a bottom. Whether it will be 1500 or lower we will have to wait and see. I would think that the M2 will increase by at least a Billion before December and with the interest rates dropping the investors looking for the best returns will once again turn back to the markets. If the Fed drops the rates again soon then that could bring the money back into the markets sooner. Everyone will be looking for where the Best return will be. Historically it has been in the markets. IF the money starts moving back into the markets and the economic news is more positive then we could see a Real rally, not just a relief rally, before December. Right now it just looks like a relief rally is due. The fact that you have covered some of your short positions leads me to believe that the potential for downside in the markets is dropping. Now If you had stated that you did not have Any Long positions then I would be worried.

I think that you have a great thread here Michail. I will have to start paying a Lot more attention to it.

Best Wishes to you also Michail! And Good Luck! Sincerely, bbgold :^)



To: Michail Shadkin who wrote (5581)9/10/2001 12:54:04 AM
From: mishedlo  Read Replies (1) | Respond to of 6873
 
Michail any thoughts on this.
Someone asked me about it and when I looked it up I immediately spotted Totally Nonsense "news".
Following was my reply to the person that asked me my thoughts.
=============================================
biz.yahoo.com

Any company that gets headline news from the promotion of 26 employees is likely a scam. That is my first thought without even seeing anything else. It was the first thing I noticed when looking up the stock on YHOO.

Looking at their profile it seeems they have real revenues.

Do not know what to make of it but something does not seem right.

I am curious enough to ask Michael what he thinks.

M