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Strategies & Market Trends : Shorts waiting to happen

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To: Mike 2.0 who wrote (762)7/1/1997 11:02:00 PM
From: Cadaver   of 852
 
NTXL: Chart looks strong. Should go upwards until bad news or earnings.

T looks like it's generally down with the market. Nothing special.

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June 25, 1997, Boston Chicken Inc. (BOST) reported that "fewer than anticipated store openings will negatively impact earnings expectations for 1997 and 1998."
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Fundamentally, this should be a safe short for a year at least. Single digits possible. Chart is weak.
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