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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Jon Tara who wrote (6165)10/28/1997 2:14:00 AM
From: Jon Tara  Read Replies (1) of 9285
 
Interesting stocks, networking + communication sector

Has some near-perfect stocks in category 1. Also a number of strong stocks in category 2. A very interesting sector.

1. Stocks <50ma, and have moved 1/3 to 2/3 of the way toward the 200ma. (Numbers listed are apx. where the 200ma is right now) Consider for immediate short. *'s indicate charts that are just what I am looking for.

AOL 57 (just broke 50ma)
*CSCO 67
*DLGC 32
MCIC 32 (just broke 200ma - careful, special situation, takeover candidate)
*NN 43
HRBC 28 1/2 (close on 200ma)
CMGI 17
FRO 20 1/2 (almost to 200ma)
*CSRV 11 3/8
DMIC 33
*XCIT 17 1/2
OZEMY 9 1/2

2. Stocks still above their 50ma. Consider long after a bounce or recovery.

T 44
CATP 35 1/2
CGRM 16 1/2 (just above 50ma)
CSCC 26
MLT 7 1/2 (just above 50ma)
PRMS 24
FON 49

3. Stocks that recently broke below their 200 ma. Just "interesting". Watch these for clues.
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