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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Foad who wrote (16345)6/4/1998 12:16:00 PM
From: Clint E.  Respond to of 68872
 
Good, Foad. I haven't covered anything yet. I am still in black with all shorts except AOL....I need to make a decision this afternoon.

Clint



To: Foad who wrote (16345)6/4/1998 12:58:00 PM
From: Clint E.  Respond to of 68872
 
Foad, I covered CSCO so far. Mkts have been having a bearish habit of seling off in the afternoon, so we should see some traders exiting positions and pushing stocks lower. That should provide an opportunity to get out of shorts since I don't want to risk holding stocks (long or short) before the market closes today.

I see blocks on both sides of AOL and I am not sure if the buys are short covering or real buys. Now at 81-1/2.

NAZ up 15.

Clint



To: Foad who wrote (16345)6/4/1998 12:58:00 PM
From: Clint E.  Respond to of 68872
 
Foad, I covered CSCO so far. Mkts have been having a bearish habit of selling off in the afternoon, so we should see some traders exiting positions and pushing stocks lower. That should provide an opportunity to get out of shorts since I don't want to risk holding stocks (long or short) before the market closes today.

I see blocks on both sides of AOL and I am not sure if the buys are short covering or real buys. Now at 81-1/2.

NAZ up 15.

Clint



To: Foad who wrote (16345)6/4/1998 1:28:00 PM
From: Clint E.  Read Replies (1) | Respond to of 68872
 
Foad, we are seeing profit taking in Mkts as expected. NAZ up 9.7 now............Clint