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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Caroline who wrote (1340)10/1/1998 12:50:00 PM
From: shasta23  Read Replies (1) | Respond to of 39683
 
HI CAROLINE!

Just covered my short in BEAS at 20 3/8 yesterday because there were huge block(like 100k blocks twice) buying in the end and it's resistance to fall drastically today indicates for me that we will have at least a short spurt upward maybe into the area around 22.5-23. I think that this would be a safer spot to short the stock again. But then again i might be wrong.

Stefan



To: Caroline who wrote (1340)10/1/1998 12:50:00 PM
From: Mike Learner  Read Replies (1) | Respond to of 39683
 
Thomas, It appears that "ONE" is breaking finally. It looks a good day for BTTT's shorts so far.

ALL: IMO, buying long on dip is very very dangerous now; the PARADIGM has changed! I pulled my family's money out of the MF yesterday. You should hedge your investment if you are long in this market.

Regards,

Mike Learner