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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (11331)12/15/1998 12:09:00 AM
From: Ken W  Read Replies (2) | Respond to of 29382
 
Max and KZAP

I would be careful opening any short positions just yet. Most stocks that I track were moved down to their support levels today with a small bounce just at the close. HK and Japan or both up by mid morning and the dow sits at a critical support level. Tomorrow looks to be a pivotal day for our markets and it appears that the possible bad news has been priced into the broader market. Any little thing could send us back up in a hurry thus caught in a short position.

Right now, if you are holdin em don't fold em. If you are in cash, be ready.

Ken