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Strategies & Market Trends : Shorts waiting to happen

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To: Cadaver who wrote (584)8/20/1996 8:24:00 PM
From: Cadaver   of 852
 
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Vultures circle the sky. Thier bloodshot eyes are cold and cruel. Thier beaks are itching to tear into the flesh of the dying longs and drink thier blood while thier masters, the shorts look on without emotion.

In other words, a sharp nasdaq drop is near at hand.

***Chef's Specials***

*ASND: Uh oh! Is that a H&S I see?

*PAIR: Watch out for bounce in 50-55 range. After which comes the right shoulder

*CSCC: Might bounce a bit. Nothing to worry about unless it rises above 67. Neck at 58ish.

*SHVA: Short this. Good till 29. Might rebound weakly.

USRX: Short on rally, however weak.

CSCO: Sharp drop ahead.

***Favourite Dishes***

AMER: Short this

IBM: Movement is slow and prolonged

MSFT: Continued weakness,

INTC: NEW!! Buy puts to protect your longs. Weakness

NSCP: W gone bad. Short if it breaks 36.

SUNW: PR wont help. Stock is weak.

***Grandma's Recipes***

AMTX: Decay getting bad.

IOMG: Same as AMTX

QCOM: Just looking. (Rigged?)

WSTL: Target improved from 24 to 23.

Note: * denotes Cadaver's choice.

Cadaver
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