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Gold/Mining/Energy : Tri-Vision & The V-Chip -- Ignore unavailable to you. Want to Upgrade?

To: Richard Humphrey who wrote (5461)	5/24/1999 5:06:00 PM
From: Mr. Oil	Read Replies (1) \| Respond to of 5743

Personlally I don't have a problem with shorters if that is how they see it going. My sense is that they can only affect a bullish stock temporarily and if they win doing that so be it. (This was evident in HAUP again today which I was watching. The shorters were all over this in the morning and yet the stock ran to $38 today.) Once they cover the rally is given a little boost so the longs are even happier then. See below. quote.yahoo.com Note the volume of short covering at the $25.00 range. That is the game. The risks of going short seems higher as one can loose more than all their money doing so but this is usually balanced by the fact that stocks tend to go down anyway in the absence news and/or strong demand or following a good rally. It would appear in retrospect that once TVL hit the $3.00 range the momo was negative and the sellers were in control. The resent low of $2.16 on Friday was not as low as the last low of $1.80 so IMO the lows are rising and so are the highs. The tide has turned and again the longs shall prevail. Such is the market and that is fine by me. It will fool you sometime as it did me when I bought at $2.85 but the trick is to learn from it something new each day and turn what you learn into profit. Even though my purchase was higher than it should have been I don't feel badly owning this stock as the upside from here is still very good short term. Ray PS here is a comment from a shorter on HAUP today. Message 9722504