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Strategies & Market Trends : Shorts waiting to happen

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To: dppl who wrote (335)	7/24/1996 2:41:00 PM
From: Peter Shaw	of 852

ONCS came up on a search of 200 day mv. avg. failures. I like this signal as a medium term shorting strategy on it's face value. Bought some sep. 7.5 puts, but probably should own in the monies! This sucker is so thinly traded I'm nervous about any position, but I see no mid term support for the stock in this market psychology! Thanx for the response... Cheers, Peter Shaw PS...I think a mid term put position on NSCP when the tech rally falters is a great play. I see a move to 25 over the next few months.

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