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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Lazlo Pierce who wrote (755)1/15/1998 7:55:00 PM
From: TATRADER  Read Replies (1) of 18691
 
David, that question changes daily with me...Right now if I looked at AOL,Excite, or Yhoo, I would short YHOO...You have a trendline breakdown of 3% which I mentioned yesterday on this thread to console Moo Moo, or whatever the handle of the person was...Yhoo has potential
to tank all the way down to the 50.00 area....Now that is a few dollars in change...AOL still has not broken its trendline, I did not look closely, but I believe it could fall all the way to 85.00 with no significant technical damage...Finally, Excite just did a flag pole today...Now we have to wait for the flag, if the flag is down I stand aside, if we have an ascending flag, I take interest because it shows to the trader, distribution....Regards, Mark

P.S. spacecadet, sorry I didn't get to your picks...Have to walk dog, and watch movie with wife...
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