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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (649)1/13/1998 4:55:00 PM
From: Kip518  Read Replies (1) of 18691
 
Roger, got shares from Fidelity to short WDRY this morning. I didn't anticipate that squirt at the close. Down almost couple of points already. Not the way I like to establish a new position, but we should know tomorrow whether WDRY will make a new high. Technically, it looks like it should roll over from here, but that last minute run was a little worrisome. Did today's action change your thinking on WDRY?

I covered my Zona short yesterday at the close. Got to find the place to get back in. Could be low 20's. Any ideas?

Ron
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