Z PORTFOLIO Message Board

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Strategies & Market Trends : Z PORTFOLIO

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To: Susan Saline who wrote (2914)	7/13/1999 8:28:00 AM
From: Ron McKinnon	Read Replies (1) of 11568

Sue MCOM hard to call because the run was so fast and big need it to settle for a while for the chart to say a lot my best guess is that this "should" trade at about 20 but I don't think it will see that price again for right now maybe a range of 30-40 (36-42)but I could see it dropping to 25 after the fall longs are no longer as overconfident and the shorts are finally emboldend I'd like to cover at 32 ish; will see; lets put that in as a limit for the Z I see the same on HSAC I hit the short perfect yesterday at 49 but covered way too soon at 42.125 did not post for the Z as it moved so fast that by the time I posted it would have looked like a fake trade but this is worth a watch for both long and short as well

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