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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Chris Belk who wrote (656)1/13/1998 10:35:00 PM
From: TATRADER  Read Replies (3) of 18691
 
Chris, good trade, I am presently underwater in MCRL.......Remember the neckline of the pattern is at 32.50....If I were you, I would sell that puppy into the morning rally...Then turnaround and short it at 32.50...One thing as a pattern trader that I wish I could pound into my head....Short only near the neckline, or on the building of a right shoulder, or the top of a second rounded top....Best regards, Mark

P.S. Here are 5 top stocks on my watch list(I usually don't give these out, but since I have a full plate as of today, will share)
1. BFIT in the 20-21 area...(I am in this one already)
2. JBIL at 32.93( I like this one)Someone on this thread mentioned this one to me before.....
3. DRYR at 20.34
4. LVEL at 13.07
5. ROBV from present price to 9.00.....

Another stock worth watching is TRND....Head and Shoulders top with neckline at 6.50....Downside target of 4.50 if neckline is violated...
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