Hello,
Seems Cramer usually has something + to say about this. I think he likes the shorts getting hammered, while the momentum traders keep piling on @ their expense. Here's his latest:
http://biz.yahoo.com/tsp/040331/10151547_1.html
It's definitely a tough nut to crack & just keeps going, reminds me of some of the early Big name techs that rose up to 10,000% during the late 90s. Dell comes to mind as just one, the stock chart looked like it went straight up the face of a cliff. Could the same be happening here? The pullbacks are sure shallow & short lived, no pun intended!
Has backed off considerably since the morning ramp, I've seen it happen time & again.
Good Luck to anyone shorting, & Congrats to the newly minted Millionaires out there. Hopefully greed doesn't get the better of them, & they sell some stock to lock in gains, or have a trailing stop.
L8R Kelly
Seems Cramer usually has something + to say about this. I think he likes the shorts getting hammered, while the momentum traders keep piling on @ their expense. Here's his latest:
http://biz.yahoo.com/tsp/040331/10151547_1.html
It's definitely a tough nut to crack & just keeps going, reminds me of some of the early Big name techs that rose up to 10,000% during the late 90s. Dell comes to mind as just one, the stock chart looked like it went straight up the face of a cliff. Could the same be happening here? The pullbacks are sure shallow & short lived, no pun intended!
Has backed off considerably since the morning ramp, I've seen it happen time & again.Good Luck to anyone shorting, & Congrats to the newly minted Millionaires out there. Hopefully greed doesn't get the better of them, & they sell some stock to lock in gains, or have a trailing stop.
L8R Kelly