Shorting stocks: Broken stocks - Analysis Message Board

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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis

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To: Q. who wrote (1044)	5/13/1998 4:36:00 PM
From: shasta23	Read Replies (1) of 2506

Hi John! I'm totally new at shorting stocks and try to learn something here. Looked a little bit at BASEA's chart compared to HMSC and saw that BASEA actually has an area of support around 5-5 1/4. Would something like this make you think twice about shorting because the downside limit is hard to evaluate and it would be nicer if there would be no real bottom underneath? In that sense it was nice to short HMSC when it failed to take out the resistance area at 7 at the top of an area. Thanks for the posts! FA is not my strong side but i pick up some ideas and look at the charts of the stocks...trying to learn! Stefan

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