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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: AD who wrote (16790)3/4/1999 1:34:00 AM
From: AD  Respond to of 122087
 
mrci.com
NASDAQ futures are hot, following thru from yesterdays close.

Wish I'd have seen that, plenty of gappos up in the a.m.
We had a power outtage an hour before the closing bell.



To: AD who wrote (16790)3/4/1999 2:09:00 AM
From: mchip  Read Replies (1) | Respond to of 122087
 
I agree.. I hope everyone is learning the difference between the different types of shorts. VISX is/was a short term play, it ran too hard too fast, but is a real company(interesting history with their competitor/partner? Summit Tech(BEAM)). It is not like an IMON which ran on pure hype and silly news. Not like OMGA which ran on new products that have serious competition. Not like ENMD which is just "liked" for their potential. Anthony's short and cover I think should have been followed to the letter here.

My point. VISX was a great play on the over reaction to news, short term. It would not be someting I would replay or average into thinking it was fundamentally flawed.

just my thoughts.