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Have you in the not too distant past received unsolicited "J" mail ( at your
residence,not herein) from a Nick Guarino. Just curious. I still don't see
what you see wrong with going long the QQQ on a strong up day or short on a
strong down day and catching 2-4 points.Based on the size I take at one time
that's equivalent to 2-4 or sometimes 4-8 thousand for that day and vise
versa on down days. I don't see why this would conflict with your being
short or expecting a crash. I do get stopped out and I do loss money on some
of those days. However I would not consider this to conflict with my long
term short position trades or long position trades.
----- Original Message -----
From: "James Taylor" <jptaylor@xxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxx>
Sent: Saturday, December 09, 2000 7:30 PM
Subject: Re: [RT] Friday's Bush Sucker's Rally
> You aint seen a crash yet, but you can bet it's comin'
>
> There are so many shorts now piling on to this ridiculous Nasdaq, due to
the
> assinine valuations still prevalent in the veneer companies that make up
the
> index, any kind of reason could propel the index up 150+ points, as the
> shorts run for cover.
>
> The recent downtrend leg has gone about 2,000 points, and has lasted about
3
> months. I wouldn't be surprised to see a short term sucker's rally before
> we resume the long bleed south. The safe(r) place to take advantage of
the
> horrible fundamentals and add pressure to the bubble-that-Greenspan-built
> is to short individial stocks. Especially stocks without massive short
> interest.
> The more fundamentally ridiculous, the more shorts that have already piled
> on, and the more likely it will jump on any construed news and CNBC
hot-air
> and spin.
>
> A few short selling candidates to take a look at:
>
> BBOX - Black Box
> HDI - Harley Davidson, 40+ P/E ratio, selling motorcycles for $20K and up
> to a demographic that is likely to be layed-off en masse. The auto sector
> is sucking wind, you can bet that this company will be CUT-IN-HALF at a
> minimum. I am short this stock in size.
>
> ps. Both of these stocks are in my short positions.
>
>
> James
>
>
>
>
> ----- Original Message -----
> From: "DH" <catapult@xxxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxx>
> Sent: Saturday, December 09, 2000 10:23 AM
> Subject: Re: [RT] Friday's Gore Crash
>
>
> > > I noticed weakness coming in the QQQ prior to the announcement, It did
> not
> > > surprise me to tell the truth. Over the years I have seen many times
the
> > > markets tiping its hand prior to "classified" announcements. As a
matter
> of
> > > fact I now watch the market to tell me the news in advance.
> >
> > Yeah, you're right. Perhaps the more surprising thing is that Judge
> > Sauls managed to keep his ruling a secret. I was watching that one too
> > and there was a good 30 seconds to get an order into the after-hours
> > market between when it was obvious what the tone of the ruling was and
> > when the market reacted.
> >
> > I was just curious if any of the news wires had the story before CNN.
> > I'd like to subscribe to that one. :-)
> >
> > --
> > Dennis
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxx
> >
> >
> >
> >
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxx
>
>
>
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