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Non-Tech : Auric Goldfinger's Short List

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To: RockyBalboa who wrote (567)10/29/1998 8:27:00 AM
From: Willsgarden  Read Replies (1) of 19428
 
Shorted SRCM yesterday after seeing mentioned here. technically the snp and the nasdq are at 200 and 50 dma resistance levels and due a pullback from the recent rally....but it has been illusive so far. still expect it today or tomorrow, but decent earnings haven't helped to delay it.
Motley Fool mentioned that SRCM was most likely the beneficiary of a short covering rally in yesterdays comments. MY QUESTION...is it in anyones opinion that this is correct and that SRCM will decline again from here??? should i panic or cover if it rallies at the open??
New to shorting...it's a little disorienting.
Bill
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