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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: GTC Trader who wrote (49568)5/6/2000 2:41:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 99985
 
Happy, thanks for the compliments, here are few that made my "AVOID" screen for the next two weeks, maybe they are good short candidates for you:
A , Short $90-$100, SL $107
ALSK, Short $13-$15, SL $17
AMZN, Short, $58 to $61, SL $64
CVCI, Short $25-$27, SL $28
EDSN, Short $23-$24.5, SL $26
EBKR, Short $18-$20, SL $21.5
IMMR, Short $35-$39, SL $42 (careful with this one, it may be a future candidate for a big move, I guess from the $10-$15 area all the way to the $70 area, if the technical damage inflicted is not too high).
KOREA, Short $24-$28, SL $32
NTCR, Short $33-$35, SL $38
RTEC, Short $34-$37, SL $39.5
TRRA, Short $60-$65, SL $68
SMMX, Short $28-$32, SL $36
VLNC, Short $16.5- $18.5, SL $20
XACT, Short $12-$13, SL $15

Remember Happy, shorting is a tough game, I do not know how to play it well, for that reason and others, I stay away from it.

Zeev



To: GTC Trader who wrote (49568)5/7/2000 3:26:00 PM
From: Zeev Hed  Respond to of 99985
 
**OT** Happy, I suggest you take out CVCI from the list I gave you, you may want to replace it with VECO (who acquired CVCI), with a range of $61 to $64 for shorting and $66 as a stop loss. here the target could easily reach the low $50, and if the recent low ($49?) yields, who knows how low, i see no support down to the mid $30' (which will make VECO a "mouth watering" value stock, but then, that is what bear markets are supposed to do, create mouth watering values out there.)

Zeev