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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: im a survivor who wrote (16222)4/4/2003 10:29:58 AM
From: Bruce A. Brotnov  Respond to of 16631
 
In the past when the shorts hang on they usually have a Greenberg or Barrons attack planned and so they hang on - or even an analyst in their pockets. However, they really need a weak market so investors will be spooked. Over the last 2 years it sounds like they have collaborated with Hedge Funds and a large network to gang up on a particular stock all at once, overwhelming any bullish investors. Like the one guy on the board said a while back, "we (shorts) can take down any stock we want". Thus there are no safe stocks out there with the manipulation that is possible.

It will probably be a weak day today since the last 2 Mondays have been big sell days, stimulated by overseas sales. Some very good news though could change that.

I headed for the "greens".



To: im a survivor who wrote (16222)4/4/2003 10:37:47 AM
From: hotlinktuna  Read Replies (1) | Respond to of 16631
 
I'd probably try it around 28.25 - 28.40 area ...just a guess of where there may be a little support though...tuna