Verity (VRTY) Message Board

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Technology Stocks : Verity (VRTY)

VRTY 2.400

0.0%

Dec 22 4:00 PM EST

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To: who wrote ()	10/7/1999 6:35:00 PM
From: Jim Snyder	Read Replies (1) of 1011

Greetings Thread! VRTY seems like an awesome company! Unfortunately, it popped on my radar screen as a short. I've been working on a mechanical trading system that shorts stocks, and this one signaled last night. My system doesn't signal very often, and when it does it has close to an 80% win rate with shorts. Other stocks that fit the criteria average a drop of about $7 within 20 days after the signal. I'm looking for another signal tonight since it made another new high. I can send you info on it privately if you'd like to see my philosophy. Since this stock looks so strong, I bought a call option along with shorting the stock today. What a rally in the last 15 minutes! Best of luck to you all!

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