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Strategies & Market Trends : Point and Figure Charting

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To: wizzards wine who wrote (6471)8/28/1998 7:51:00 PM
From: Dipsey   of 34811
 
My stock picks:

1. Short ABTE Able Telecom Holding Corp (closed 8/28 @ 6)
Telephone: Bear Confirmed 24-
R/S Sell in Col O's
Pattern: Double Bottom
On 7th. sell signal
P/E 40

2. Short CCI Citicorp (closed 8/28 @ 117-1/8)
Banks: Bear Confirmed 26-
R/S Sell in Col O's
Pattern: Double Bottom
On 5th sell signal

3. Short CYCH Cybercash (closed 8/28 @ 8-1/2)
Computers: Bear Confirmed 28-
R/S Sell in Col O's
Pattern: Double Bottom
Earnings -2.20/share

4. Short JPM Morgan J.P. (closed 8/28 @ 97-3/4)
Banks: Bear Confirmed 26-
R/S Buy in Col O's
Pattern: Double Bottom Reported $160MM direct exposure in Russia
Unreported addn'l 'indirect' exposure Russia

5. Short MANU Manugistics (closed 8/28 @ 15-7/8)
Software: Bear Confirmed
R/S Sell in Col O's
Pattern: Double Bottom
On 2nd. sell signal
Earnings -0.98/share

Appreciate your allowing shorts for the
contest, was going nuts trying to find
something on the long side. Good exercise
as I've never played on the short side of
the market.

Regards, dipsey
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