9/08/2006

More constructive action on Nasdaq 100

You have to be blind not to notice very constructive action on Nasdaq-100. The bears may have some more wait ahead of them before they can grab the honey pot. Those who doubled up on short position will have a nice week to think about possible squeeze and how painful it can be.
I have added some more positions. Akamai Technologies Inc, AKAM being one of them. If the Nasdaq-100 has to rally, the highest relative strength stock may not be a bad place to be in. As always I am on tight stops and willing to ditch my positions at short notice if I see the bears gaining upper hand.

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