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To: Cynic 2005 who wrote (37370)4/29/1999 6:50:00 PM
From: yard_man  Read Replies (1) | Respond to of 86076
 
I think we are thinking along the same lines -- I'm jsut a little more sceptical about how many more folks are left to squeeze. I think so many shorts have been kicked in the crotch by this market that there aren't many serious ones left and the one that are left aren't willing to risk much at all or are hedged with something long.



To: Cynic 2005 who wrote (37370)4/29/1999 6:54:00 PM
From: stockycd  Read Replies (1) | Respond to of 86076
 
Mohan,

I was tempted today to go long DELL, AMAT, ect. But my hourly charts show bear consolidation flags everywhere I turn. Today may have been down, but I think it was just the pause. I am very cautious for the next 3 days or so. This decline seems slower so it could last longer and go deeper than the last one.

Chris