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

To: sandintoes who wrote (8015)	4/21/2005 6:34:16 AM
From: Walkingshadow	Read Replies (3) \| Respond to of 8752

You can hold a short position for 50 years if you like. They won't mind one bit. They will never ask for their shares back. That has NEVER happened to me, and I have NEVER heard of it happening to anybody else, either. T

To: sandintoes who wrote (8015)	4/21/2005 6:43:28 AM
From: Walkingshadow	Read Replies (3) \| Respond to of 8752

All the overseas markets are trading up, oil futures down, index futures are up. Earnings news so far this morning not particularly good, but nothing catastrophic either. Initial Claims and Leading Indicators are out 1 hour before the open. Unless these reports deviate markedly from consensus expectations, we are looking at a gap up at the open. From there, the market will finish higher on the day (i.e., a white candle). In other words, I expect a rally today, probably modest, but a rally just the same. Yesterday we tested the support levels I expected. I thought this would happen today or tomorrow, but instead it happened yesterday. Now the market will move higher on a successful test of support. .....all IMHO, of course. T