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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: Sir Auric Goldfinger who wrote (479)10/22/1998 3:49:00 PM
From: NASDBULL  Read Replies (1) | Respond to of 19428
 
OK, the DOW Industrial is going to be up for the 7th day in a row. That's quite a feat.

Worst case for tomorrow is that some economic indicators come out in the a.m. and move the market higher. I would guess that won't hold long, so if market is up, we short the crap out of some select stocks going into the weekend and profit taking time.

What do you think?

NASDBULL



To: Sir Auric Goldfinger who wrote (479)10/22/1998 9:03:00 PM
From: xcr600  Read Replies (1) | Respond to of 19428
 
<< This is pure technical trading and the moment you cover, it will invariably go down >>

Auric, what makes you believe this was a technical move, and not just a move to orchestrate yet another squeeze? Also, was I correct in reading that the SEC's ruling on their GAAP assumptions is due within one month?

Thanks