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Strategies & Market Trends : Shorts waiting to happen

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To: Jeffrey Margolis who wrote (257)7/15/1996 4:29:00 PM
From: Jim Roof   of 852
 
Jeffrey:

You're welcome. I have a target of 24-26 for SYSF. This is the minimum target area as measured by the height of the top (believe it or not, the drop below the neckline almost always equals the height of the 'head'). I have heard others talk about a midterm target in the teens for SYSF.

If ASND rallies then it may be an OK short. What I don't like about ASND is the consolidation that could stop a decline in the 40's or at least make it slow going.

Good luck,

Jim
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