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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Judy who wrote (1091)10/9/1998 9:08:00 PM
From: AlienTech  Respond to of 43080
 
>>I posted that GPS was a positional short some time ago. With the climax buying in the retail sector and the help of the overall market, GPS did fall from 60ish to mid-40's. <<

What is really strange is, Will the retail sector still be strong going into next year. The retail sector really picked up in 96 after the economy really picked up in 95 and the market pretty much trippled. Should be intresting to see how 99 will do. And if the last month is anything to go by, there wont be much time before some of the stocks like BBY drops to less than half when the data comes in. I got out of BBY at the low of hmmm 9 due to a bounce from 7 before the split since the retail sector was going downhill last year, of course that bounce was the recovery to 100.



To: Judy who wrote (1091)10/10/1998 3:42:00 PM
From: Olu Emuleomo  Read Replies (1) | Respond to of 43080
 
Judy,

What do you think of AEOS from a fundamental/group point of view?
Technically, it looks like a great short but it fails to co-operate and crash!

--Olu E.