USRX /COMS - and other "stuff" Message Board

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Technology Stocks : USRX /COMS - and other "stuff"

COMS 0.00170

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Feb 6 9:30 AM EST

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To: Fred Fahmy who wrote (2918)	5/4/1997 5:29:00 PM
From: Jeffery E. Forrest	of 5244

Fred. I did notice the date of their picks (April 15). I then charted out almost every stock on the list. If you had gone short on the 16th you would have made a bundle. Almost all tanked bigtime over the next week or so. EVEN WDC. Shorting is all in the timing. Usually short term hit and run stuff. No matter how good the company, an overextended price is a short opportunity. Ex- I've been LONG USRX for years now, yet I also shorted it from a purely technical basis when we were at 200+ (just as I did IOM at 55 and 24.) I like BOTH companies, I just didn't like the STOCK- AT THAT TIME. Funny you used WDC for an example. That's the same one I was looking at. I almost bot CALLS a few days after it had tanked (before it ran up again). I've been kicking myself ever since. TECHNICALLY it looks like a "candidate" for a QUICK short position. It SHOULD pullback to 65ish. I'm not sure that I have the cajones to short it, but.......<G> (maybe some puts) ;-)

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