5 replies to this topic

[2cents]

The short indicators have been bled to death and some are at new lows. The frenzy to cover has caused a lot of pain for the more stuburn bears including me. Even stocks with bad reports have bounced back and are now higher. AMZN, the king of short interest has taken the best part of 2 days to unwined. Those still holding watch in disbelief as visions of 2000 dance in their heads. Personally I was stopped out at 44, went back in at 52 and have been stopped again at 54. Guess I should have waited till the first red day. Even the semi's which have broken out are causing shorts pain. I wonder when this frieght train will run out of gas? If markets end on good news we should have made the turn. Don't they know May is coming?

[gti_99]

Hi, 2c, what do you think of AAPL? It has 1 day short interest (according to yahoo). Looking back at its chart, it seems always to move up a lot during the earning weeks but then often dropped back, even below when the moves started. P.S. KLAC earning tonight, any thouths? Thanks. Always appreciate your posts.

[2cents]

Hi, 2c, what do you think of AAPL? It has 1 day short interest (according to yahoo). Looking back at its chart, it seems always to move up a lot during the earning weeks but then often dropped back, even below when the moves started.

P.S. KLAC earning tonight, any thouths? Thanks. Always appreciate your posts.

The problem with AAPL is the amount of institutional money that has been filling the gaps for some time. It's a dangerous short any time. I've been short AAPL before with little success. As for KLAC it's one of my favorite shorts and really hasn't acted as well as the rest of the market. I'm still short KLAC and will hold into earnings hoping that the market is ready for a shot of reality. Keep in mind that the semis have broken out and there's a lot of money moving in.

[partimer1]

Hi 2cents, I hope you are the same 2cents from CS board, and I didn't get your response to acknowledge that. buying the dip works extremely well, and may be the market is not the same as before. shorts got killed all the time these days. good trading. P

[2cents]

Hi 2cents,

I hope you are the same 2cents from CS board, and I didn't get your response to acknowledge that. buying the dip works extremely well, and may be the market is not the same as before. shorts got killed all the time these days.

good trading.

P

This is the only board I post on.

[OEXCHAOS]

$0.02, PGTI. Also SHW. These are late comers on the Builders theme. Mark