Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Pancho Villa who wrote (3876)	3/3/1998 2:52:00 AM
From: Larry McColloch	Read Replies (2) of 18691

Pancho: Bfit is still a "buy" according to the TA below. Isn't a good short supposed to not only find a over valued stock, but wait/find the event that will burst the bubble that made the longs drive it up in the first place, and then short the stock? By the way, what kind of event do you think this stock will have to burst the bubble? I want to be in on the fun when it happens. Larry COMMENT Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND Chart pattern indicates a STRONG UPWARD TREND Relative Strength is BULLISH Up/Down volume pattern indicates that the stock is under ACCUMULATION The 50 day MOVING AVERAGE is rising which is BULLISH The 200 day MOVING AVERAGE is rising which is BULLISH RECOMMENDATION STOCK IS A BUY

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