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Strategies & Market Trends : winpa

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To: Winston Kim who wrote (4365)1/14/1998 9:25:00 AM
From: Steve Smith  Read Replies (1) of 6855
 
Winston,

I think it might fall at the open...some gap players will sell at the open.

It might bounce back up....it if takes out the 52 week high @ 17 5/8....I would not short it ...unless it gets close to 20.

You can short a small position...but you have to endure the pain if it goes against you. I went through that agony with shorting GERN too early at 14 1/2...but thank goodness...it fell back down.

steve
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