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Strategies & Market Trends : The Art of Investing -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (610)3/25/1999 8:21:00 PM
From: Sun Tzu  Read Replies (1) | Respond to of 10601
 
I wonder what a 65% increase in the float will do to a high flying stock? I only hope they do it fast so I can get my hands on some of those shares for a short. I also wonder if I should cover my shorts in NSOL? It's been very good so far, but it is down about 35% in a few days. I think I will quit for now and redirect part of the money to add to my short position in UIHIA. So many stocks, so little time and money. BTW, HOTT started the day well but disappointed in the end :(

On another note, back to my original talk about the market as a whole, I think that there is a serious shift in the market away from the mutual funds and into individual trading (and that means glamour stocks). If I don't see the correction that I expect in two weeks, I will join the play with the live grenade crowd. Hell, I have experience in that going back to my early teens <VBG> Tim, you don't know how close on the mark you were with you "3-finger" comment. News papers used to publish articles on that stuff every year, but we never listened. Like I said, the human nature never changes.

good luck to all
Sun Tzu

P.S. New lows exceeded the new highs by 64% today.