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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: sylvester80 who wrote (33453)2/26/2002 10:55:08 AM
From: 4rthofjuly007  Read Replies (2) | Respond to of 99280
 
No panic here. Heavily short the NDX. How do you feel about MS filing to sell LU at near 52 weeks lows?



To: sylvester80 who wrote (33453)2/26/2002 12:13:13 PM
From: Dave Gore  Read Replies (1) | Respond to of 99280
 
Sylvester, I am not sure I would agree that the "shorts" are in panic mode now. They proved that the Market is still skittish and can be easily panicked.

Look at the effect that the rumor (again) of U.S. troops in Iraq raised by some (shorts) had on the DOW --- up 40, then down over 100 in a few minutes.