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

To: farkarooski who wrote (39407)	3/9/2002 12:29:18 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 99280

I don't short, so I play it by avoiding it. Many of our friends here got burned on this last run up, and I feel that they got squeezed out of their short, and will not go back in (it is not a good idea to short a stock making new highs). If someone insists on shorting, then they should chose from the sector those that have not made new recovery highs with stops just above those highs (on a closing basis). For instance INTC, MU and VECO. Others like the GaAs crowd (ANAD VTSS and TQNT) could run a little more before they turn down and could be good candidates for the dark side with appropriate stops. For the time being, this is a short term move just for what I expect to be a short term whack down next week. Zeev