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Paul A

12/16/04 7:16 PM

#335687 RE: Zeev Hed #335676

Much as I hate to agree with you it seems like thats the bottom line.. Heck, look at after hours here? Same story- slowly after 5pm they start buying.. 6pm buying more.. 7pm buying even more.. whatever is the momo play of the day? bidders are piling in after hours to get the morning gap.. if that dont work? they find another.. ISON, MCLD, the list is endless..

Perma bear I may be but Im definately taking this exubberance for all its worth.. Would make sense that the further they push the insanity the harder it will fall, no?

I still have a hop/skip in my walk after that RIMM trade earlier this week.. Geesh.. I really was sorta clueless back in the bubble days so any exubberance I can squeeze out of this market Im ready for it. In fact, the only 'real' stock I have on my streamer right now is AMGN, CSCO, and the ETF gang SMH, IWM.. the rest is all low float junk that I have no idea what they do except that they swing about 4 points a day : )

Actually, shorting for quick scalps in 5-10 minute time frames has been extremely profitable lately.. but those 5-10 minutes are extremely tense with my finger on the cover button hehe.. Dip buyers come in the second the momentum stops.. its so bizarre..


Enjoy it while it lasts I suppose eh??