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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: yard_man who wrote (38666)5/5/1999 3:39:00 PM
From: John Pitera  Read Replies (1) of 86076
 
tip, CLX is looking like it will rally from this 109 level...imo

it's hit it's 200 dma and has been giving momentum divergence buy signals on the daily RSI's and MACD's.

108 was the jan bottom

I know the pe is high, I bought a few may 115 calls at my bid of 1 7/16... so that's a short -term play you may want to do a partial cover and reshort at 120 ish area.

just a thought, If you feel good about your short then ignore me and stay with it.

If you are uncertain here, then take a little off the table imo
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