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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Steve168 who wrote (17910)10/23/2003 8:55:53 AM
From: Steve168  Respond to of 78516
 
Did anyone notice my accurate call of the top in last post #17910? Maybe I should not post here anymore ;-) AMAT were under $20 in after hours, one day after I sold it is down 10%. All my shorts are in the money (except VRTS), better than my own expecation. Knock on the wood ;-)

VRTS were up to $35.20-36 range after hours. I used the opportunity to short more this morning.

Message #17910 from Steve168 at Oct 21, 2003 9:16 PM

Sold all AMAT shares today around 21.75-21.94. Those are the shares I picked up couple days ago at $20.
Technical indicators showed there is a 80% chance that market will go down 5-8% in the next 30 days. Entered short position in IWM, VRTS, FRE, JBLU and AMR.