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Strategies & Market Trends : Shorts waiting to happen

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To: dppl who wrote (216)7/14/1996 10:23:00 PM
From: Cadaver   of 852
 
Short city is the right phrase. All of your picks are excellent.
Take care around earnings date.

USRX: Try to short above 70

ASND: try to short above 60.

Earnings week opportunities:

IOMG: Meeting earnings (0.10/sh) or even beating them slightly (upto 0.12/sh) will cause IOMG to rise upwards lightly. Wait until the momentum stalls and short. Meeting earnings of what the general public expects (0.13 to 0.15/sh) will strengthen the stock and shorting is not generally a good idea unless it shoots up. 0.16 and above - go long for another quarter. Not meeting earnings obviously, is a command to short from the Gods. You just cant go wrong.

Stocks like AMTX, ANCR which dont have earnings to speak of, will depend largely on how the general market will fare.

Watch the following:
INTC: Watch for a microsoftesque drop.
SHVA: Friday's drop is ominous. Watch for ascendesque movement

Cadaver.
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