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

To: Michael Berkel who wrote (437)	1/8/1998 8:47:00 PM
From: TATRADER	Read Replies (1) \| Respond to of 18691

Michael, Brown is Brown & Company, one of the discount brokerages that I deal with....A GTC is good til canceled....As far as YHOO is concerned the steep upward trendline was already broken at 70.00....The farthest I see this stock going before it hits its head on the ceiling is 67.50...But I would watch for a momentum reversal... Since a lot of traders don't wait for the technicals, but like to have a jump on others, the stock may indeed just make it to the 65.00-66.00 range and never touch the roof at 67.50....If I entered this stock i would like to short it between 65-67.50, and cover in the 57.25 area...My downside target is 51.50......Regards, Mark P.S. Protective buy Stop set at 70.50.....