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Strategies & Market Trends : BFT: Will the tulip craze ever break down? -- Ignore unavailable to you. Want to Upgrade?

To: Mike Greene who wrote (212)3/31/1998 7:34:00 PM
From: CatLady  Read Replies (2) | Respond to of 650
 
<< First weakness I see in stock again I will be going long. >>

Going long on weakness? The thought gives me chills. I agree with not fighting the trend, but I'm watching for weakness to go short. Since I jumped in early before, this time I'll be watching for a trend-line break, not just a stall out.

Can't sleep at night if I trade against fundamentals....

Happy trades to you,
CL



To: Mike Greene who wrote (212)3/31/1998 7:44:00 PM
From: Pancho Villa  Read Replies (1) | Respond to of 650
 
Mike, good observations >I was wondering how high the stock price has to get before you give up?<

I have a significant short position on the stock. I will definitely trim it if it continues to get "out of hand", but I will not cover the stock unless I am convinced this puppy really has something under the hood. The vertical rise is related to heavy institutional buying coupled with Zacks brainless rating system.

Pancho


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