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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Vendit™ who wrote (2694)	12/16/2004 10:40:44 PM
From: Carolyn	Read Replies (1) \| Respond to of 8752

Hey, Sea Doo Reid, might this be people getting out of the markets just before Christmas!

To: Vendit™ who wrote (2694)	12/17/2004 12:34:46 AM
From: Walkingshadow	Respond to of 8752

Yes, I agree. QQQQ has had quite a run, needs a breather now before the charge into the end of the year. SPEA would have been a nice daytrade. Up a mere 6,000% today: 139.142.147.218 139.142.147.22 T

To: Vendit™ who wrote (2694)	12/17/2004 5:49:08 AM
From: Walkingshadow	Read Replies (1) \| Respond to of 8752

Hi Reid, Here's something a bit different, a kind of medium/longer term play. Is SUP forming a bottom here? This would appear to be pretty low risk. SUP has been kicked down so low it has to carry an umbrella so the ants don't pee all over it: 139.142.147.218 Weekly chart: 139.142.147.218 Note the reversal candle in late October, and the associated surge in volume: 139.142.147.218 Another plus: over 30% of the float is held short (that amounts to 15 days' trading volume). So the possibility of a short squeeze together with the likelihood that shorts will take profits will both tend to blunt downside risk. Another one in this category that seems to have found a bottom is MRK. 139.142.147.218 I am tempted to nibble at some long term at the money calls, but one could also consider just buying some shares and forgetting about them for a while. The valuations on both these are less than half the market average. T