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To: TREND1 who wrote (40294)10/23/1998 11:41:00 AM
From: Bipin Prasad  Respond to of 53903
 
Yeap, if you see options ratio, profit taking in Naz started about 30mins ago.

InSook



To: TREND1 who wrote (40294)10/23/1998 11:49:00 AM
From: DavidG  Read Replies (2) | Respond to of 53903
 
Larry,

I sold longs at 35 7/8, a little early, but I am not shorting. 3.5million shares is toooo high and says there is a lot more upside move. I plan to just buy on dips and sell into strength until it breaks 36.

If volume drops off dramatically and 36 has not been decisively broken then we hit a top for a while then short like crazy. BUT Shorting right now is a little risky for the minimal reward.

Good Luck Trading


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