Friday, March 12, 2004
===================
Review Of The Broad Market
March 12, 2004
A short-term bottom has been
observed for the broad market.
Today's rally will likely lead to
a few more up days.
Profits in blue chip shorts, such
as DNA, should be cashed in, as
blue chips are likely to rally with
the broad market. New shorts
may later be imposed after the
rally ends, and at better prices.
In any event, cashing on existing
short sale profits is advisable,
even if only partially. Of course
exceptions may be made for the
truly bearish stocks.
Review Of The Broad Market
March 12, 2004
A short-term bottom has been
observed for the broad market.
Today's rally will likely lead to
a few more up days.
Profits in blue chip shorts, such
as DNA, should be cashed in, as
blue chips are likely to rally with
the broad market. New shorts
may later be imposed after the
rally ends, and at better prices.
In any event, cashing on existing
short sale profits is advisable,
even if only partially. Of course
exceptions may be made for the
truly bearish stocks.
