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

To: Jon Tara who wrote (6157)	10/28/1997 12:35:00 AM
From: Jon Tara	Read Replies (1) \| Respond to of 9285

OK, here come my scan lists. This post will explain the categories I'm going to be listing. The lists won't explain this again. I will be posting sector-by-sector as I complete the scans. Each sector will have 3 lists: 1. Immediate short candidates: these will be stocks that have penetrated their 50-day moving averages, and are apx. 1/3 to 2/3 of the way toward the 200-day moving average. Look for these stocks to follow through to the downside to hit their 200-day moving averages. Many obvious choices may not be found here because they have ALREADY hit their 200-day moving average. 2. Stocks showing amazing strength. These stocks are still above their 50-day moving averages. However, the MACD is looking very precarious on many of these. If these stocks survive the next few days, they could be excellent long-term choices, as they will have survived the crash with no technical damage. 3. Stocks that have broken their 200-day moving average. I have no particular recommendation on these. Just "interesting". Perhaps short these. Perhaps go long in a reversal. Perhaps just watch these as a clue to what may happen next.

To: Jon Tara who wrote (6157)	10/28/1997 12:38:00 AM
From: Jim Rathmann	Read Replies (1) \| Respond to of 9285

Jon, what do you think of LU?? In addition to your technical criteria, LU might face some exposure to profit erosion in the far east. jim PS You gotta love those "circuit breakers". Gives the mm more chances to gap down.

To: Jon Tara who wrote (6157)	10/28/1997 12:43:00 AM
From: Jon Tara	Read Replies (1) \| Respond to of 9285

Interesting stocks, computer sector 1. Stocks <50ma, and have moved 1/3 to 2/3 of the way toward the 200ma. (Numbers listed are apx. where the 200ma is right now) Consider for immediate short. ADPT 42 1/4 CPU 25 DELL 60 EMC 44 INGR 8 3/4 IOM 20 1/2 MICA 19 1/2 QNTM 26 UIS 8 3/4 (only about 1/4 of the way toward the 200ma) 2. Stocks still above their 50ma. Consider long after a bounce or recovery. CREAF 23 (broke intraday on false spike? nicely above 50ma at close) APCC 27 DEC 45 (closed right on 50ma) INAC 34 1/2 MTEL 14 3/4 (MACD looks REAL ugly, though) SYQT 3 1/4 TELV (penny stock, up big today after big flag past couple of weeks) CTXS 55 3. Stocks that recently broke below their 200 ma. Just "interesting". Watch these for clues. DGN 22 AAPL 18 1/4 DIMD 10 KMAG 19 MWHS 17 1/2 a basket case, could dead-cat, though MTSI 25 1/2 PKN 74 REAL ugly RDUS 26 1/2 SIII 13 1/2 SEG 36 SQNT 21 just broke 200ma SGI 21 1/2 SRA 43 SUNW 38 WDC 44 ZE 10 APM 33