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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 692.27

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To: d. alexander who wrote (24423)	11/24/1999 3:31:00 PM
From: Johnny Canuck	Read Replies (3) of 69788

Closed RHAT short at 145 1/4, just slightly over a 100 percent loss of the trade. It established a new trading range yesterday. There is a limit to how much pain even I will take on a fundamental short. I covered with the profits from VERT. VARL looks interesting here. It has a small float, about 3 million shares. Supplier of RF components (VCO- voltage controlled oscillators). 42 percent market share . Break out on volume 2 days ago. Still doing DD. Have a great Thanksgiving everyone!!! A moment of silence please for those of us that still have to work.<g>

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