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Politics : Idea Of The Day

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To: Brad Ruffin who wrote (7343)8/21/1997 7:31:00 AM
From: donald sew   of 50167
 
BRAD,

SNC - no technicals charts

TSAI - already turned up 2 points, and a day late. Of course it can go higher, but unless you are very familiar with the company, would prefer to get it at the bottom. As with NDC your scan appears to be a day late, but was fortunate since NDC took 1 day to move up. Brad can you adjust yr scan - If one of the the criteria is stochhastics, maybe increase it a bit. I use different parameters.

CIG - CLASS 1 SELL yesterday

RXT - CLASS 1 SELL today to get in at the high.

Be careful with shorting in an up market, as a general principal I do not do it. RXT looks too strong, sure it may pull back but will it pull back enough to cover the premium of the option in this market. In the recent dip - it hardly budged downwards.

Also suggest changing the parameters of yr scan for shorts - maybe reduce the stochastics by 5 points. It also appears to be a bit late.
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