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


To: Roger A. Babb who wrote (6106)10/27/1997 10:40:00 AM
From: Ashikin Wan-Noor  Read Replies (2) | Respond to of 9285
 
Roger,

Which "high flyers" are you considering... Btw, check out KRSL (not in high tech though)... even though it looks like a rocket ship, the fundamental are quite reasonable. Tell me what you think of it.

CTXS and SEBL are remarkably resilient...



To: Roger A. Babb who wrote (6106)10/27/1997 11:56:00 AM
From: Jon Tara  Respond to of 9285
 
Roger, I don't think that today is the key day.

DJ30 200-day moving average is around 7420. Bottom of the regression channel is a bit below 7100. We could go a bit lower yet and still be a normal correction.

BTW, the Intel news is nothing new - the price cuts have been known for months. I've been waiting for November 1 to upgrade my CPU from a Cyrix P150+ to dual Pentium 200 for $100/each. (Already have the dual board.)

BTW, a week or so ago I suggested the obvious, which many people on this board seem to want to ignore. (They only seem interested in challenges.) I suggested shorting INTCW at 65. I figured it was good for 5 points, down to 60. Today we have hit 55.