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To: Jacob Snyder who wrote (2457)	11/4/2002 10:26:56 PM
From: Sam Citron	Read Replies (1) \| Respond to of 13403

I'm looking for stocks that seem to be stalling, hitting resistance levels while the market continues higher. Was your most recent short of WMT at 55 consistent with this strategy? WMT resistence seems to be at 59. It looks like it is at support right now. bigcharts.marketwatch.com AMAT resistance at 17 looks much weaker to me. Pretty soon, people will be concentrating on the efficiencies generated by the layoffs and bidding it higher IMO. It may be "overvalued", but overvaluation is relative and typically increases as we pass through the winter season. I could be wrong but I still think this is the time to be hunting for January effect turnaround plays on the long side, like a JDSU, rather than trying to short quality companies like WMT or AMAT, except for a very quick scalp, ala AD. The time to hunt for shorts is in March when investors have a dose of spring fever. Just my opinion. I've been wrong before... Sam

To: Jacob Snyder who wrote (2457)	11/5/2002 12:56:48 PM
From: Robert O	Respond to of 13403

ot shorting I like your thinking here. I have in my sites an old nemesis VRSN. Once it stalls out (could be today but certainly this week sometime) there is a monster short opp IMO. Early October had VRSN at around $4/share. Today it has breached 9 ... a 125% increase in a month! This one is a little punchy as so much of gaap number each qtr. is a loss from monster goodwill writeoff, but nonetheless ... top of B-band looks to be about 10 but MA say look out below. I'll keep an eye out here for entry. If you have the $$ and time EXPE at 71 and ROOM at 63 are e-bubbles from another era.