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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: Shanker Reddy who wrote (3352)10/4/1999 11:11:00 PM
From: Ocean_Joe  Read Replies (2) | Respond to of 19428
 
Watching:

PRFN, likely still has some rise left due to good news and good vol, plus had fallen hard, wait till it exhausts this run and then short. May be early in the am or the end of day. A judgement call. Could be the end of a downtrend, beginning of uptrend. A good market tomorrow and the mood may sustain an uptrend.

CMNT, likely no run left, popped due to good market after falling hard, look for an am rally, then short. Another judgement call. Could be . . . (see above at PRFN)

CIEN, in a downtrend the last two days, horizontal range past five days, if a bad market mood, it will probably dictates its direction, safe to short if so.

PPOD, heck, go long, moving in sympathy with Webvan IPO is my guess, after WBVN debuts, let it ride up, then sell and short. WBVN may go nowhere since it is a 25mln share IPO, so if WBVN loses steam early, act accordingly.

MKTY, if PLUG is a sympathetic IPO, do like with PPOD, check MKTY board to see if they view PLUG as a sympathy IPO.

MU, may only be a bounce after triple top, but must watch to see it is not a new uptrend, if not, then short

ORCL, just triple topped, must watch to see that it is not an uptrend, if not, then short (gut says if soft market tomorrow, it too goes soft, and then open a short)

SNDK, wish we had caught this sooner, good short, its in a downtrend, bottom may not be far away though.

As always, do your own DD, set stop losses and plan your target exit.

Plus, I want any contrasting views and opinions on the above - it is all merely my opinion. Alternative views makes for better analysis and trades.

Ocean Joe