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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: vegetarian who wrote (129)1/5/1998 9:48:00 AM
From: TATRADER  Respond to of 18691
 
M. Carter, the volume of SNUS should now start to decline as we approach the neckline at 37.50, or you will see a day of greater volume, but a lot of selling...Keep your eye on size of sell orders as we approach neckline....It looks to me like the stock is starting to weaken...Remember I tend to be early with my picks...Your volume is a good concern...Here is a report
100 day=69,295
50 day=58,762
20 day=75,385
10 day=96,330
5 day=140,280
3 day=127,900

Remember if we bust above 37.50 and hold at the close, all bets are off, and this was a false short alarm....

Looks like terror of 60 as I stated last night, has pulled CPQ, back...Regards, Mark