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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 (6156)	10/27/1997 11:17:00 PM
From: Jon Tara	Read Replies (3) \| Respond to of 9285

LOL, that quote from the Dell thread is the scariest thing I've seen! :) As soon as I've had dinner, I'm going to do my scan (manual, visual) of the sectors that I follow. I'll be suggesting possible shorts, as well as possible longs for any bounce or recovery. I will be looking for some pretty simple criteria, so anyone who beleives in simple indicators can follow along: 1. I will be looking for short candidates among stocks that have broken their 50-day moving average, and are about 1/2-way to their 200-day moving averages. 2. I will be looking for long candidates among stocks that are still trading above their 50-day moving average, or that are encountering support as they attempt to break-down through their 50ma. I stress that category 2. may be dangerous to buy before a bounce or recovery. Category 1. may actually give the best long results for a bounce, but category 2. should provide more safety, as they will be stocks that have survived the crash.