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To: Charles P. Hubbard who wrote (41675)11/28/2000 11:33:37 PM
From: GuitarMan  Respond to of 436258
 
PAYX - looks like a good short, see the insider selling.

Thanks....Mark

Me = 70% Cash 15% Gold 15% Short

wow



To: Charles P. Hubbard who wrote (41675)11/29/2000 12:18:05 AM
From: y2kate  Read Replies (1) | Respond to of 436258
 
Hi Charles,
Thanks for the idea. The chart for PAYX looks really strong- a steady climb over the last two years- but it has doubled in the last six months, and the market being what it is, it should be vulnerable. Insider selling, too. I hope you do well with it, and I'll keep my eye on it. The strong chart makes me hesitate, though. It looks so solid- but what the heck do I know? A strong chart kept me from shorting JNPR at 222, too- and that looked a lot more precipitous and toppy, especially now with my 20/20 hindsight! <g> Do you usually start a short when a chart still looks strong?
-Kate