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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Pancho Villa who wrote (3774)2/28/1998 8:57:00 AM
From: dealmakr   Read Replies (1) of 18691
 
Pancho,

Interesting close yesterday on BFIT at 27 3/8. Stock was bid 27 3/8 ask 27 3/4. No trades except for a sell of 200 shares at 27 3/8 about 30 minutes before the bell. I wonder why they didn't close it at a new high at 27 3/4. Are they trying to fake out the TA guys? Intraday high at 27 15/16. I know fundamentaly this one is a dog IMO. Lots of games being played here with the trading. Am going to ask someone to take a look at TA over the weekend. I think when this one goes down it will go down fast and hard JMHO.

Good Trading

Dave
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