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

To: Vendit™ who wrote (4711)	2/7/2005 11:39:00 PM
From: Walkingshadow	Respond to of 8752

Hi Reid, Yes, I agree, the markets are clearly weakening, but I would not be surprised to see one last (short-lived) attempt at overhead. But look at the chart with a faster stochastic setting: 139.142.147.218 Me, I feel comfortable with a leveraged short position against QQQQ here, but also I have some long positions that I'll probably just hang tough with.... ALNY, RSTG, AAPL (how did you guess??), a few others. Most of these I can afford to take a bit of a hit, since they are more or less longer-term holds, and I am way ahead on them. But the main thing is that I have no idea how much longer the correction might last. I think there is chance it could be over much more quickly than we think if there is a sudden, strong selloff, and sometimes I can't watch the markets much. T