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Strategies & Market Trends : Joe Stocks Trader Talk -- Ignore unavailable to you. Want to Upgrade?


To: Joe Stocks who wrote (74)2/4/2002 4:23:47 PM
From: Michael Young  Respond to of 787
 
I really find it hard to stay short stocks like PMCS. Everytime I think they will go to single digits, some analyst upgrades and the momo funds ramp them in your face. It probably would have happened today, but for the extreme Naz weakness.

I'm sure I could cover for a two point profit tomorrow. But the temptation is to stay in the position or even short more in order to balance out the whipping my longs are taking.

MIKE