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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: jjstingray who wrote (89925)	1/22/2004 1:37:36 PM
From: The Freep	Read Replies (2) \| Respond to of 209892

JJ -- shorting or longing for the sake of doing it isn't good cash management. Finding good setups for either of those IS good cash management. Otherwise, cash rules, yes? I still am looking for shorts, too, cuz I tend to agree that there's some profit to be made there. Haven't found anything great. Longs? Well, if I were gonna add here, I'd look at PIXR again. Either it's about to start back up, or the congestion continues. The bullish take is that it's doing a 2 down here (nearing th .618 Fib of the up move). Otherwise... toasted NemoMakers. Shorts? Errr... MERQ yesterday <g>. Or, frankly, if you tell me if MSFT is gonna tankola, I'd go there, too. <g> G