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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: Druss who wrote (451)3/17/1998 11:24:00 AM
From: Jim Roof  Read Replies (3) of 4634
 
Everyone hates my guts for bringing technical analysis to this thread but that's just too bad. HEPH is a very bad short right now from a technical standpoint. I think it will be at 21-23 within a matter of days/2 weeks.

It broke out of a solid consolidation yesterday that formed with the hallmark decrease in volume trend. The *minimum* target for completion of this move is 21 and it could go higher.

Jim
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