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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 689.100.0%4:00 PM EST

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To: Clint E. who wrote (17497)8/5/1998 12:13:00 PM
From: mattie  Read Replies (2) of 69962
 
Clint,

I agree, AOL looks to be making a classic head and shoulders - but I don't have the guts to short it! should be a good trade for you. Good luck.

I shorted QNTM yesterday. Just watching the market today. I am more comfortable shorting stocks making new lows as prices are not keeping up with fundamentals - rather than picking tops - but the latter strategy is more profitable when correct. Another short of mine is MKG - again hitting new lows as estimates fall.
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