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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: xcr600 who wrote (3565)11/3/1998 11:14:00 PM
From: RockyBalboa  Respond to of 4634
 
Just looked today's list of percent gainers (Nasdaq) <ggg>

In former times I just shorted the hell of a stock when it was up 30-100% on a day (recently it worked ,see SCOC, SNIC) but now:

quote.yahoo.com

There are not only KTEL or Trimeris but - questionable stock like: ESVS, EVOL, RACE,OXGN,NAVR,TRBO (Turbochef at 9..), CYBX, ICIQ

Not to forget former shorts like CHS Electronics, HEB, CWC, Cendant,

all jumped by the huger double-digit percentages.

Usually we call that the impeding end of bull market when the absolute crap and small cap is up. But now it's different. I consider jump here and there for the quick buck if that bullish momentum in the russell holds on a bit.

On the other hand the broader market shows first signs of weakness.

C.