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To: Don Westermeyer who wrote (2715)11/12/1997 12:46:00 PM
From: phbolton  Respond to of 27307
 
FWIW: started short position in YHOO at 45 5/8 a few minutes ago.



To: Don Westermeyer who wrote (2715)11/12/1997 12:48:00 PM
From: peter grossman  Read Replies (1) | Respond to of 27307
 
When the bulls are squeezed, it's just not called a squeeze. Maybe capitulation. But it can be just as quick.

I would NEVER play this long because we know it's coming down. We just don't know when, how much, and what blips up there'll be.

The trick, I think, is to "invest" only so much that you won't get emotionally squeezed.


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