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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Pancho Villa who wrote (3186)2/18/1998 9:13:00 PM
From: CatLady  Read Replies (1) of 18691
 
Hi Pancho -

Somehow I have found myself gravitating towards shorter timeframes in investing/trading. It just seems to suit my temperment and thinking better. What successes I've had over the past couple of months have happened when I'm working with a 2 day to 2 week outlook.

And, I'm trying to teach myself T.A. ( I can just imagine the look of disdain on your face <g>. At least I'm not consulting a Ouijii board <gg>.)

On BFIT --

Year to year and Q to Q results - growth? What growth? I don't see any. So what if they lost a little less that they thought they would, results look anemic.

BFIT T.A. - long term uptrend still intact. Short term overbought, price weakness this afternoon makes me think a price will pull back to low 20s could occur, so I started a small short this afternoon.

Good luck to us!
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