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Strategies & Market Trends : winpa -- Ignore unavailable to you. Want to Upgrade?


To: Steve Smith who wrote (4564)1/16/1998 1:14:00 PM
From: Winston Kim  Respond to of 6855
 
Steve,

Yes, your logic makes sense...that is the way to play it...but recent rallies often happened in 2-3 consecutive increments during this choppy market....Yesterday down day screwed me up.....3 day of gains...then 1 down day...I haven't seen market turn around in 1 day for a long while.

Only thing I am saying is the market can gap up Tuesday and maybe get a better price then to short...

Next week might be a BIG rally week...IBM, MSFT, CPQ, QCOM all report earnings...and the way the big boys have been coming in might spark a FORREST FIRE.......INTC, SUNW...MOT (so,so)....done well...IBM report Tuesday....MSFT Wednesday....Look out if they beat...

Wk