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To: isopatch who wrote (75683)10/5/2000 2:43:59 PM
From: ItsAllCyclical  Respond to of 95453
 
Anyone else tempted to short HOFF here?

207.61.23.98

Additional shares, fund selling and momentum turning down make a selloff very possible down to 12-13 again. Not a bad hedge against my existing long positions. I almost did it yesterday at 16 1/2. Don't know why I didn't. May take a small short position today.

Again I don't question it's value, but I'd argue that in this market momentum is more important.

Also I wouldn't consider doing this unless I was already long other OSX stocks. I think the recent outperformance of HOFF compared to my holdings will be narrowed going forward. I'm playing the spread so to speak.