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MyHunch

11/12/03 3:10 PM

#170531 RE: Zeev Hed #170527

Zeev: SNDK goes into NASDAQ 100 tomorrow. Normally, what happens to a stock that goes into such an important index, the previous afternoon and the day of the event? I mean in terms of stock price action. Do you see SNDK testing new 52 wk highs here? TIA

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cash2go

11/12/03 3:31 PM

#170544 RE: Zeev Hed #170527

Thanks again Zeev for your input

Rare for me is I don't have any short positions currently. I still think the funds have a huge irrational flow coming in. The shocker for me lately are the many friends who are commenting on the market and think the market is starting to look good to get in???
Recently I mentioned that Cramer now thinks the Feds may be looking at a rate increase. I think back and that was where J6P was putting money in the market at an excited and irrational way and seems like the stars may be aligned again. Shorts are still a nice Hedge and as most on this thread I'm surprised you never use them to play it "safe".

IF you were going to short a current snorter (for day trades) what would it be? My answer changes daily but ERTS is a current favorite.