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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Roger A. Babb who wrote (5609)10/2/1997 8:48:00 AM
From: Hank   of 9285
 
RE:DDIM,

Until now I've shorted DDIM for a few pts on trading swings but now the picture has definitely changed. A precipitous decline in the inflow of money into DDIM has occurred over the last two weeks and indicators are growing increasingly negative. This bodes well for a severe drop in the immediate future. A similar pattern had developed for DATM over the last few weeks and yesterday it dropped over 18 points. Pay day is near and I'm piling on the short position in DDIM.

Hank
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