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Strategies & Market Trends : Three Amigos Stock Thread

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To: Jim H who wrote (16043)	6/27/1999 10:57:00 PM
From: Ken W	Read Replies (2) of 29382

Jim H. The small volume is the only problem that I see with shorting ROAD. Most of the trucking stocks have light volume and large spreads. The suggestion was for Sergio's paper trade in the P and F contest. Liquidity is the key to being able to depend on moving in and out of a stock, as you know hence having to sell three different times to close your position. ROAD has had a nice run and may retest the 21 or 22 spot before going down the "road" a break under 17 on decent volume will send it southbound to 14 or so. If the stock did have the liquidity to short safely I'd go at 21 and target 15. Ken

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