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Strategies & Market Trends : Shorts waiting to happen

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To: zx who wrote (60)5/25/1996 3:53:00 PM
From: Cadaver   of 852
 
agraff's stocks:
aldnf: Chart looks good. There is a good chance it will correct to 17.xx. If the stock moves above yesterday's high in the first hour of trading, buy all you want if it drops, buy at say, 17.5
You can go half and half and buy half at open and the remaining half at 17.5 or when it goes above 19.25

swtx: no firm opinion. But I think you'll get it cheaper if you wait for say, 3 more trading days.

ancr: Friday's downward momentum might carry it a bit farther. Buy some at 30. Some more at 29. There is a slight chance it might fall further, say 27-28. Buy. If you dont have any ancor, you may consider buying it at open. Rally is still strong. It was vastly oversold on Friday. Everyone will be reading material on ANCR and wait for ANCR to bounce back before jumping in. Will test 40 again. I expect it to go beyond 40.

Even if it opens above yesterday's close, it will rise a bit and fall to 29-30 and then take off again.

Cadaver
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