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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (17014)1/15/1999 4:41:00 PM
From: Jim Goodman  Read Replies (1) of 18691
 
yes you did....I saw the decline in some of my Internets (EBAY, BCST, among others), Consumer (CL, BFO, PG), Drugs (SGP), and "hook tops" (FDX, AWS) put stocks, as stage 5 in my "PSYCLE sm", finding some S.T. support in them, already....gotta be nimble, and avoid emotion, as you know....we're not perfect....and our Banks, Utilities, Techs are already down, and in "no man's land" here....we need to see "follow-through" on the downside, below last week's lows, in many stocks, to maintain their "puts" status, so being a bit more careful here.... hope this helps...will keep in touch, am just so busy with my NL subscribers, and am writing 3 more educational booklets, from a "PSYCLE sm" p.o.v., so I have not had the time to post as much in S.I., and your fine thread....remember, market is closed Monday.... "unchanged" for the day, as they say, right ? best wishes,
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