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Strategies & Market Trends : Shorts waiting to happen

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To: Kris Barski who wrote (341)7/26/1996 9:25:00 PM
From: Cadaver   of 852
 
QCOM is forming a nice shoulder. Hold on to your puts.

WSTL: Forming a shoulder? This might fall as low as 10 if the bear market continues.

IOMG: Expect drop to 12 in the next week. Early uncomfirmed warning. Dont act yet.

AMTX: Expect a small drop on Monday. Day trade. Short at open (unless downward gap) cover at close.

INTC: Went higher than 74 line today on higher volume. That's usually a good sign for a stock. Bad sign for bears. Too early to judge.

MSFT: Monday will reveal it's fate. Down likely. Early Tuesday time to enter short.

CSCC: Big players seem to be manipulating this and MSFT. Cant short until they begin to unload.

SHVA: Expecting the rally to continue to 60 followed by a drop.

FORE: Some more upside Monday. Try a call unless expensive. Dump at close. (Not worth the trouble IMO)

USRX: Wait for some kind of rebound before making a decision.

Warning to any longs reading this: One of the classic game the big boys play is to runup the stock until the end of the week and lure the amateur investor into buying the stock on following monday, when they unload. Dont get trapped into buying MSFT, CSCC, INTC. Do not enter the market until a definite market uptrend is established.

Look at the difference in value perceptions. People were ready to pay 54 for IOMG and 36 for AMTX. Now they dont want to pay 1/3 of that. So it was 33% fundamentals, 66% hype?

Cadaver
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