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Strategies & Market Trends : Shorts waiting to happen

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To: Cadaver who wrote (297)7/26/1996 12:11:00 AM
From: Cadaver   of 852
 
Watch the following carefully:

MSFT: Rally on falling volume. Wait for it to stall. If it opens on a large gap, say 121 tomorrow, buy 120 puts. Rally is weak.

INTC: Compare with ASND's chart around Jun 7 and note the similarity. Remember what people thought of ASND at that time: ASND is a stock that will never fall Also remember what people thought about the market at that time: This bull market is like true love. It will last forever. Yet ASND fell. Will INTC survive in a weaker market?

CSCC: Rally weakening already. Similar to MSFT. Similar treatment advised.

CSCO, PAIR: These are a bit stronger, but should fall. Watch.

SHVA: Something fishy here. It is not even reacting. Thin volume. Caution advised.

USRX: Volume too high to make any prediction. A small rebound is possible. After which it will fall. Watch.

FORE: Possible upside. But high risk due to general market sentiment. Buying stock/calls not advised.

Cadaver
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