Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 681.92

-0.7%

Dec 31 4:00 PM EST

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To: Dr. Stoxx who wrote (2548)	1/7/1999 11:28:00 AM
From: Charles Kalb	Read Replies (1) of 39683

Hi Thomas..........Did you follow your own Tuesday afternoon SHORT recommendation for Borders Group (BGP)? Hope you did. All the indicators that evening said it should go lower so I took a short position Wednesday AM. Immediately after I entered, BGP rose a bit in sympathy with the big rise in the DOW but this morning it took a big drop on reduced earnings report and downgrading by two analysts. Dropped the price to near the lower Bollinger band, so I decided to take my 22% one-day gain. Thanks for the lead. Charles

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