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Strategies & Market Trends : Roger's 1998 Short Picks

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To: larry who wrote (16593)1/6/1999 2:39:00 PM
From: virgil vancleave   of 18691
 
I found a stock which I have been profitable on before to short. lhsg. It has strong resistance above 55 and is trading near the top of its trading range at 57 ish. It looks like the target price will once again be in the 40's and maybe lower as this one is overvalued. I have a couple of put contracts since the short interest is high.

Also, I am looking at retailors. In particular bby and a few others. Vod also looks shortable as it is having trouble holding its gains.

I am still mostly long and based on the market internals will stay that way as they are bullish.

just my 2 cents. good luck
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