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Strategies & Market Trends : Shorts waiting to happen
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To: Sabrejet who wrote (702)10/10/1996 9:21:00 AM
From: Peter Shaw   of 852
 
This market is vulnerable to a pullback again. Stength shown in unemployment claims will put the Fed back in everyone's mind. Also, 6000 not a near term closing possibility so pullback will be quite healthy.
ASND looks awfully vulnerable in here. Bought Oct 65 p yesterday on strength for the day. Looking for 60 in the next 2 days. ZLG could be good for a 10% correction going into earnings as well.

Cheers,

Peter Shaw
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