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Strategies & Market Trends : Roger's 1998 Short Picks

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To: 1-DAY-TRADER who wrote (12284)8/2/1998 2:56:00 AM
From: DJRoss  Read Replies (1) of 18691
 
So if I understand you correctly, you are looking for many others to follow you to created "Momentum" in the direction you are trading.

Momentum=Orchestration

Not a good combination. Handholding is a sure sign that the hand being held is in the drivers seat, and the handholders are left holding a glove when the hand decides to remove itself.

INCL may have been a good short, but the key here is to find something that is not finished. If INCL gaps below the critical margin levels on Monday, and with negativity in the markets right now, who needs news, then what good is this play to us? You have shorted it, we look to get in, but chances are slim if you are to be beleived concerning the dynamics of INCL downtrend. From what I have gathered on this co, a gap down is more then likely especially when looking at volume trend that past week.
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