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Strategies & Market Trends : The Rational Analyst

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To: ftth who wrote (663)	4/20/1998 10:25:00 AM
From: HeyRainier	Read Replies (1) of 1720

[ SNRS ] Dave, I believe the phenomena you seek when initiating the short position has materialized with SNRS. In anticipation of your shares, I sold <gg>. Actually, I found the chart to be quite disturbing as it opened above the upper Bollinger Band. Not even the momentum monsters of the internet stocks manage to close above their BB after they open above it. I'm expecting a close of about 8 3/8, according to theory. Out at 8 29/32. (Hey Ray! Does taking money off the table still count as falling under the trading restriction?) Regards, Rainier

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