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

To: mishedlo who wrote (26783)	9/11/2001 6:54:07 AM
From: Bocor	Respond to of 30051

Not saying I like DIGL necessarily....I don't like anything long, ever actually, however I am realistic enough to know that nothing goes down forever, and being totally 100% short is not necessarily the smartest way to trade when the market has had such severe decline, especially NAZ stocks. The CFO of DIGL was a smart guy selling where he did. But I would not be short DIGL at this price, and I would actually find DIGL more attractive knowing there is a 30% short interest. Fools hang on too long to short positions, and anyone short DIGL at this level is playing with fire. I have been on the other end of those squeezes, and they hurt! DJ Insider Sells 50,550 of DIGITAL LIGHTWAVE INC -Amended 28 Aug 00:04 ISSUER: DIGITAL LIGHTWAVE INC SYMBOL: DIGL FILER: GRANT STEVEN TITLE: Chief Financial Officer TRANSACTION: Sale (Option Related) 50,550 05/01/01-05/22/01 $43.00-$57.28