Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Roger A. Babb who wrote (6082)	10/26/1997 12:43:00 PM
From: Hank	Read Replies (4) \| Respond to of 9285

Roger, It seems like about 90% of the shorts discussed here are NASD stocks. Do you or anyone else ever take a stab at shorting some of the larger caps on the NYSE? It seems this is an appropriate place to look given the weakness displayed by the DOW as of late. Two that seem particularly interesting to me based on TA are MCD and MO. I would call MCD a good short if it rallies back to the $48 level and MO a good short if it rallies back to the $42 level. Targets for both would be the the low to mid 30's. They both seem to have developed distinct bearish patterns over the last 6 months or so including several notable down gaps and a relatively negative money flow. Hank