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Strategies & Market Trends : Roger's 1998 Short Picks

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To: scope who wrote (12088)7/28/1998 10:43:00 PM
From: virgil vancleave  Read Replies (1) of 18691
 
you mean if the support holds there. i personally think that we are in the start of what may very well be a major downtrend. but as i stated earlier, there will be some short term rallies. time will tell if either of us is right. i think we will see 6000 before 10000 on the dow.

but even so, there are and will be stocks which defy the gravity of the market and go up. stock selection and charts will be the telling tale.

btw, check out azpn. could be a nice continuing spiral down from here. sure glad i am not long on it.
also, a favorite we haven't heard about lately. ctxs....is is forming a little downtrend on higher volume and if it breaks support....watch out below.
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