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Strategies & Market Trends : Shorting stocks: High fliers

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To: RockyBalboa who wrote (670)7/7/1999 10:01:00 AM
From: Mad2  Read Replies (1) of 709
 
Thanks, I think today will be interesting with a number of issues fighting to break resistance (AOL as example). Big question is will they break or will they retreat. From the looks of yesterdays close and todays open signs of retreat are in the air.
Ralph is obviously bullish and gave the market gas yesterday.
BTW CUST looks ripe for a good short. They came out with the explination (that they've been hyping for a month or so) of their technology and it looks feeble. No guarentee of any customers etc.. till end of year. My bet is they drift lower from where they're at.
Best Regards,
Mad2
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