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Strategies & Market Trends : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?


To: moufassa7 who wrote (389)10/10/2001 7:56:32 PM
From: carepedeum2000  Read Replies (2) | Respond to of 13660
 
i agree, this move has more to run, we have to keep reminding ourselves of the tremendous liquity being pumped into the system, probably more than was pumped in for y2k run, i think we run hard until the 16th when the big boys start reporting, then we have to see how much reality this market can handle
ps i still like gx at .63 after a 65% move today, the selling was not for pending bankruptcy, it was because they were dropped from sp500, they should be back over a $1 within one week (if not this week)
also bought ntap and opwv at the close, the money has to rotate if this move does have legs and they didnt participate today



To: moufassa7 who wrote (389)10/11/2001 12:32:58 PM
From: moufassa7  Respond to of 13660
 
Tough call here, in post #388, I mentioned 1680 as a short term [today] target. The risk, reward ratio is more balanced now, but still has upside bias. However, much more risk to longs now than yesterday.