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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: virgil vancleave who wrote (8744)	10/5/1998 8:38:00 AM
From: Pete	of 14162

Anybody have any opinions on MFNX as a bear trap candidate? I shorted it last week based on it hitting the upper BB lower than the 52 week high and started to show weakness. The RSI level has gotten weaker on the last 3 peaks, and is turning down. It split 2-1 recently and the company has no earnings and a P/S ratio of 208! Has this showed up on anyone else's bear trap screen? Any reason why this is NOT a good short? Pete

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