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


To: Bob Trocchi who wrote (8782)12/23/1997 9:30:00 AM
From: Dale Baker  Read Replies (1) | Respond to of 9285
 
I guess I'm glad I shorted RMDY on Friday, even with the squeeze:

09:05 ET Remedy Corp (RMDY) 32 7/8: Issue indicated 6 pts lower after company told Hambrecht & Quist the qtr could be in risk due to delayed purchase decisions at Software Artistry (SWRT) after the company agreed last week to be acquired by IBM.

Pre-opening quote is 25.



To: Bob Trocchi who wrote (8782)12/23/1997 10:53:00 AM
From: Jon Tara  Read Replies (1) | Respond to of 9285
 
An interesting hedge if you are a TA follower: long YHOO, short AOL.

This is suggested by current TA. I use unique indicators, so do the TA yourself before you do this.

It's a short-term trade. I'd reverse the YHOO long to a short at some point.