Mr. Pink's Picks: selected event-driven value investments Message Board

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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: RockyBalboa who wrote (5284)	12/23/1998 1:57:00 AM
From: Nevada	Read Replies (1) of 18998

Christian1310; I respect your analysis, and have made a buck or two from it. As a friend of the court I offer that, from a purely technical standpoint it is not time to initiate major short positions in imal. (I mainly use macd and look for divergences. This has worked especially well for stocks that seem over valued or over hyped, e.g. srcm- both the long and short side). As an aside, I carry a portfolio of shorts which I consider so overpriced or (maybe overpriced is an euphemism for some of them?) as to not warrant technical analysis- tctv, cyoe, ktel, tnsi, nvsr, mysw- to name the most obvious. Maybe imal fits this category?

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