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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: Libbyt who wrote (1629)6/3/2002 6:25:06 PM
From: Original Mad Dog  Read Replies (1) | Respond to of 17639
 
I agree.

It was a bit disconcerting to see the 1050 (1048 and change to be more precise) support level on the S&P get obliterated in the last half hour. But I stubbornly believe that buying will begin soon.



To: Libbyt who wrote (1629)6/3/2002 6:55:19 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 17639
 
I can't make money shorting software in this mkt. I've made more money on the long side in the last month, buying the damaged stocks. I tried to short adbe a while ago... it was one of the few software stocks left standing, the next day the naz fell 30 pts and adbe was actually UP. I finally got out of my short with a .50 gain, big deal for all that angst. I was considering shorting amzn, which has rallied all year but I notice that hasn't gone anywhere in this correction either.
L