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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (10839)1/18/1998 2:35:00 PM
From: ivan solotaroff  Read Replies (1) of 79284
 
Doug,

None of my biz (you asked Ocote), but following are five runaway-cat short candidates, all speculative, granted, but ones I'm monitoring heavily from here in the catbird seat: CKSG, SLAM, and APOG have a 20% or greater drop to their next signal (which would be my target as a shorter); DANKY and TSEMF are 30% or greater down to their next signals. Nice rewards, IMO, with little risk if the market as a whole is showing significant weakness.
OXHP, though less than 15% from its next signal (if shorted at 15 3/4), is also one to keep an eye on. Its present uptrend looks to have reached its puny end four days in, which is probably fairly typical, timewise, of stocks that temporarily retrace the first move down from the top of the post-signal run-up.

Ivan
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