Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (3236)	7/9/2002 6:31:46 PM
From: Jeff	Read Replies (1) \| Respond to of 30712

the nice thing about following the retrace....even if your shorts run away from you for a day or two....they always come back down and make lower lows..... and when they paint them up....you get to recycle them... the normal thinking this low in the market is...too low to short....more upside potential.... thats not what the retrace says....there is very little upside...and a possible 50% haircut left.... i'm not even thinking anything but short till 1459 breaks....right now thats the roof.... i will think long again at the next scheduled bottom though....nice ramp from there for those with cash...