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Strategies & Market Trends : Roger's 1998 Short Picks
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To: put2rich who wrote (3367)2/20/1998 8:52:00 PM
From: Kip518  Read Replies (1) of 18691
 
thanh, I do not have a position in BFIT. I accept Pancho's analysis as correct and would prefer to short it, however, the chart has been way too strong for me. (Currently I'm only short XCIT, CYMI, CUNO & NKE, having covered BTIM, ZONA, PRKR, SHEL, and WDRY with substantial gains). If it is any consolation, today's move looks very much like it is the top on the recent run. Unfortunately, however, at this time, I wouldn't expect a pull back to take you lower than 22 unless Asensio or some like him jumped all over it. Kip
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