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


To: craig crawford who wrote (176)1/5/1998 5:58:00 PM
From: TATRADER  Read Replies (1) | Respond to of 18691
 
craig, COMS is in a rectangle pattern with the top of the pattern being at 37.50....If you check out the upper level of the Bollinger Bands, it give a target of 37.78....I would short in the 37.50 area, if the stock makes it that high, and cover just above 33.00....The lower envelope channel sits at 33.09...On second thought I would probably chicken out and cover at 35.00.....Regards, Mark

P.S. Stock is overbought already with reading of 100 on Fast stocastic 9 day, so I don't know if it will have enough gas to make it to top of pattern...