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Strategies & Market Trends : Charts With An Attitude; Trading In & Out

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To: lazar921 who wrote (4257)12/10/1997 9:24:00 AM
From: John_W   of 4701
 
Jeff,

INFU short is a cliff hanger. I believe it will drift back to at least 5 1/2 maybe 5 or below.

Anybody that keeps in for six weeks more may, I repeat may, be rewarded. Much of the selling now is covering shorts unless they know something we don't.

Since I am a short term trader I put in a standing order at 6 and got out with a small loss on Monday. The problem is I'm flying all over the country this week for meetings and couldn't follow the market during the day.

Good luck for everybody that is still in. I wonder if Instock got out?
He is a short-term trader like me.

John W.
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