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


To: Franco Battista who wrote (8102)12/10/1997 4:25:00 PM
From: Pancho Villa  Read Replies (1) | Respond to of 9285
 
>>There was a huge buying spree in the last 20 minutes (which quickly benefited the momentum stocks we love to short). Any news to warrant this?<<

I don't think so. look at ACLY last trade was a large chunk of 6700 at 205/8. For most of the day the stock was stuck at 20.75 on low volume. YHOO continues to defy gravity, ZITL, SEEC down a slim 3/8, BFIT down 3/16, ALYD a nice 21/8, AOL 11/4; AVNT down a nice 11/8 IMO this puppy is headed down. DDIM down a nice 7/8. IPIC 1/2 on heavy volume.

My homerun was NEO bought at 4/3/4 a couple days ago, closed at 71/4

Pancho