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jenna

03/29/04 2:07 PM

#22030 RE: jenna #22021

SNTO didn't see any post on SNTO until it was already at day's highs around 11.40 at 12ish. It would be advisable NOT TO GET caught up in these plays after they've moved up, but if you can get them BEFORE that is the way to play them. We'll stick to shorting these overpumped plays at the first sign of weakness. The daytrader who consistently searches out these kind of "one day wonders" will wonder why he/she had to stop trading. We do not encourage trades like these this late in the up cycle. We'll stick to our NVDA/ATYT, QCOM NSM DNA and earnings plays but keep them coming its nice to know what short possibilities are coming up around the bend. OSUR, ASKJ and TKTX still great on short side especially ASKJ which was our MAIN OPTION SELECTION TODAY on the short/put side.