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Technology Stocks : DELL Bear Thread -- Ignore unavailable to you. Want to Upgrade?


To: Bilow who wrote (1396)7/31/1998 9:23:00 PM
From: lin luo  Read Replies (1) | Respond to of 2578
 
This month is finally over. August is usually a very slow and volatile month. Funds cashed out their chips at the last minute. Wish them a good vacation.

Everyday in the next month could be like the past two days. Some people might just have enough power to play the markets. Volatility is usually very anti-persistent. That is, the activity like these past two days should not last too long. I will bet the markets will be totally different in September.

All the long-term gamblers in this kind market are probably get even with the markets. Daily trends should be very obvious.

Good luck!



To: Bilow who wrote (1396)8/1/1998 10:12:00 AM
From: Lucretius  Read Replies (1) | Respond to of 2578
 
I completed all of my short positions except for DELL on the 7/24. Shorted large cap bloated consumer stocks (like KO, G), Large cap bloated tech (like LU, MSFT, DELL), small caps (any of them although I kinda favor PIXR), airlines, european webs, banks, etc.

But I'm just a bear?

-Lucretius