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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject11/15/2000 7:21:17 PM
From: the-phoenix  Read Replies (3) of 100058
 
RIMM short maturing nicely - ahead about 6 peanuts so far since yesterday's close. Will play it tight tomorrow as it is back to support at 88, but could gap down through again, as it did Monday. Next supports look like maybe 85 1/2, then 82.

DIGL short taking longer - a bit underwater on this one presently, but I see FLACK managed to catch a wave down off today's high and it seems poised for further decline. Daily candlesticks the last two days are not indicating further rally ahead, but I will protect with a hard stop at probably about 47 1/4, or just above today's high.

Good trading,

Phoenix
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