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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: nolimitz who wrote (173796)	5/4/2008 10:13:19 AM
From: lexi2004	Respond to of 208838

Good Morning, You make some very good points there. While I do play some riskier plays, I'd hesitate to short Yahoo only because I think the news could change just any minute and I wouldn't want to be caught shorting it. Personally, I think MA, V, and PNRA are much better choices at this time. They've all had big runs and what runs up fast often retraces fast. PNRA has a small float and it had lots of shorts, so it ramped after earnings with those shorts covering and I think it'll go down. If you play options, I have the June S50 puts. I know some people have played V on the long side and have made super profits and that's great; however, the run up was a lot in such a short time as was MA. I think MA ran approximately 60 points in a very short period of time. I also have S130 puts on DIA and will add if it hits 132. Noticed that we have lots of economic reports coming up and frankly I don't expect them to be good. briefing.com BTW, if you want a page filled with excellent resource sites, I think this one if very good: siliconinvestor.com Good luck if you do go short Yahoo. You very well might be correct above it ready to pull back. Lexi