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Strategies & Market Trends : APMP (formerly APM)

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To: john p. carney who wrote (9461)12/23/1997 4:36:00 PM
From: Wayners  Read Replies (1) of 13456
 
Yes I have an opinion on SCOP. Short it. Even though it was down $1.125 today, you can still make money on it. At over $12, it was a beauty of a short. Overbought on stochastics and on a severe and long downtrend. Load up the dumptruck with borrowed shares and dump them on the market. If you are interested in trying to pick a bottom, my advice is don't. Instead, wait for the trend to turn up and buy on the first dip. Doing anything else is taking on too much risk. Good luck and merry Christmas.
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