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Strategies & Market Trends : Three Amigos Stock Thread

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To: lostmymoney who wrote (16601)9/15/1999 1:16:00 AM
From: Ken W  Read Replies (2) of 29382
 
Mike:

Okay, here is a gimmie, maybe....just do this on paper so that you can get a feel for the play...Sell short AMRI at 21 if it goes there. If not short as close to 20 as you can get the shares. The volume and sell off today spoke volumes about something that is about to happen to the stock that will take it down a considerable distance. This is no different than going long, just the opposite of what you do when you look for a stock to go up. It may help to stand on your head when looking at the charts, that way it will look like a stock that you want to buy long.

Ken
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