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

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To: Jacques Chitte who wrote (686)4/18/1998 1:05:00 PM
From: Hank  Read Replies (2) of 4634
 
Alex,

I think the technical picture for ZONA is weakening. This latest rally based on the Oppenheimer upgrade is another pump and dump IMHO. Unlike the the last rally, the money flow seems to be reversing quicker this time. It may go up another point or so but I'm convinced it will be a false breakout. Short the crap out of it at 25 or above and wait for the next slide or just hold on. Now is NOT the time to cover unless you enjoy losing money.

Hank
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