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Strategies & Market Trends : Shorts waiting to happen

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To: Cadaver who wrote (152)6/6/1996 2:35:00 PM
From: Sabrejet   of 852
 
Cadaver, I still have not purchased AMTX but a few weeks ago I noted that AMER was showing a strong sell. I expect this to bottom close to 35-37. If additional bad news comes out, you could see a disaster in the making. I know the "support" is there psychologically, but a lot of the big hitters are leaving, and quick. Any additional views on this?

Long term buy would be WHC. Bought into that on a dip today and think this company is headed up big time in 1 year outlook. I tracked CXC when it was in the mid 30's and regret not getting into that company. At 90 we tossed out the question about it being a bit beyound itself. I wonder if anyone shorted it?

Rich
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