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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: xcr600 who wrote (8453)4/16/2001 9:47:11 PM
From: Bucky Katt  Read Replies (1) | Respond to of 13094
 
Thanks for the HDI update. I last was short it with puts when it was 44-45, took profit on the recent dump into 36.
HDI is a well run company, but I would not short it again unless it reaches the same level (44-45) as before.
Even a well run company can't fight market forces.
My guess is the price will decline as the t/a has turned negative again, and it is stuck right between the 50 day and 200 day ma's..
There are better risk/reward plays out there this minute, for me anyway..