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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: Frederick Langford who wrote (36108)9/26/2001 12:29:13 PM
From: Jim Spitz  Read Replies (2) | Respond to of 37746
 
I will Fred. I originally shorted VSNX at just under $8 and covered at just under $9 a few days ago. Then it just kept going up, but the last rise is different than the original gap up. The last rise is more of a momentum chart, which causes me to believe that it will follow a more normal pattern, except on new news and that is out of my control.

This is about my only short which I feel I have to watch closely. The rest are all behaving as I expect them to.

I expect a somewhat rocky road on VSNX on the way down, but it will go down.

Stay in the Black! jimS