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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sandra who wrote (8180)8/29/1998 1:41:00 AM
From: Ken W  Read Replies (1) | Respond to of 29382
 
Sandra,
Glad to hear that the big wind gave you a pass. I don't like
the idea of shorting either and will only stay long enough to
make some money. The market hot shots are doing it and running
things lower in their greed, so I hope to ride their lead. May
be my luck will be that about the time I short, things will
turn around :-)

I agree Greenie needs to loosen up the reins a bit or we will
have just the opposite of what he has been worried about for
the last year....recession. I don't see him doing it just yet
as the Fed. stated today that the rate has a ways to go before
they will act.

I shied away from shorting AMMB, hopeful that the market would
see the value in the co and leave it alone. Had an order to
short at 19....it hit high 13 today...should have went with
Sergio's advise and my gut. Would have made up for some of the
loss suffered in OMX.

Ken