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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: stevenallen who wrote (275)5/6/2001 10:19:18 AM
From: Michail Shadkin  Read Replies (1) of 6873
 
Steveallen - thoughts on ONIS and VIGN

You probably already know my thoughts on ONIS from post 59.
Now its just a question of entry point.
Looking at the chart, im getting the feeling they could break resistance at 40 on a very short term basis.
I think a great entry would be on May 15, before then start small and add in 15% intervals or may 15.

re: VIGN
similar thoughts in terms of timing.
They are total crap.
But mid 9s seem attainable in the next week.

Probably a rally up to 2250-2300 downtrend line level leading into FOMC and then the dump starts.
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