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


To: Michael Berkel who wrote (442)1/8/1998 8:55:00 PM
From: TATRADER  Respond to of 18691
 
Michael, I don't have CDG in my data base to comment...But I will say that even a stock that has been beat up, can be played from the short side...You wait for a rally on the stock...Use your fast stochastic 8 day, and watch for downtrending stocks with ADX over 35,who have an above 80 reading.....That means they are overbought...Then when you have a deceleration in upward momentum, short it, and enjoy an additional ride to the downside...An example might be CAIR as it approaches 19.00, and EXBT at 7.13.....Regards, Mark



To: Michael Berkel who wrote (442)1/8/1998 8:59:00 PM
From: Broken_Clock  Respond to of 18691
 
Michael,
I don't know much about shorting, but I have watched CDG's action.You better be quick. CDG i know to go straight up 6 points in a day without even loolking back!Course it does the same thing when it goes down...
Dave