Roger's 1997 Short Picks Message Board

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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Bearded One who wrote (8547)	12/17/1997 8:31:00 PM
From: Rick Slemmer	Read Replies (2) of 9285

I've been largely a "Short Picks" lurker up to this point, but I think I may have a contribution to the thread this evening: CPQ. Compaq is now just below its 200-day MA, today's action failed to cross that threshold, and the stock closed at its low for the day. The stock's Relative Strength is negative and getting worse. It looks a lot like DELL (no big surprise there), but DELL is 'way above its 200-day MA. Besides, shorting DELL can be hazardous to one's portfolio. Opinions, comments, and other points of view welcome. RS

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