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

To: Mr. Stocks who wrote (181)	1/5/1998 11:09:00 PM
From: TATRADER	Respond to of 18691

Frank, the upward trendline sits at 51.50...A violation greater of 3% spells a trend breakdown...Watch how it handles 51.50....It has entered an envelope channel from 52.87 to 47.83....The bollinger only gives you another buck on the downside...If I was trying to safely short this stock, I would short on a break below 51.50, and look to cover around 48.00-48.50 area...Looks like only a couple of points, and not something I would trade...Good luck....Good to hear from you...Mark P.S. However if it breaks 47.50, e-mail me, because then we are talking 5 points.....