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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (65362)10/8/1999 1:27:00 PM
From: SMALL FRY  Read Replies (3) of 120523
 
VERT - removed BUY stop... will add to short position at 54... that's $5 over Wachovia's 12 month target.

PTVL - covered short with slight gain... intend to SS before close.

The market action on both support this SS strategy... pristine.com

Hope you don't mind me posting it... more for educ purposes. I've been long VERT since the 30's and had been adamant on the long side... as I am now on the short side of it. The chart (daily intervals) support the above strategy IMO... I'm not really hog wild just tentatively shorting with max 500 shares.

Cheers,
SF
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