SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: HRAKA who wrote (32166)4/22/1999 7:23:00 PM
From: Matt Brown  Respond to of 122088
 
<RRRR> I agree with HRAKA on RRRR.....

If you do a search on SI for RRRR you get the idea that almost everyone wants to sell into the gap tommorow. I too think that it was short covering at the end on news coupled with some daytraders. It looks like everybody is dumping...if there is a gap. If there is no gap, then there may not be a bottom to this one.

It almost looks like a run that MSGI had, then the shorts and profit takers moved in and took over. Might happen here, because it has had a huge run.

I got hooked on shorting after doing it a few times. It is really easy to do and quick money, but is very risky. I know what I am getting into. I had fun with CNET today and came out nicely on that short. I normally do just longs, but have found shorting to be profitable too..

I am thinking of shorting some RRRR based on the people that bought today hoping for a gap and planning to sell. There was a lot of short-term buying at the close and it is a TMex play...So...

FM



To: HRAKA who wrote (32166)4/22/1999 8:47:00 PM
From: rogermci®  Read Replies (1) | Respond to of 122088
 
RRRR...Come on HRAKA, these things couldn't possibly gap down could they? You're right though, everybody playing the cinch gap tomorrow A.M.. I'll be ready. Plenty of firepower for this one.

roger