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


To: Dr. Rich who wrote (550)1/10/1998 9:18:00 PM
From: TATRADER  Respond to of 18691
 
Donald, my picks change every day when I do my scans....I have 50 Head and Shoulder tops, DT's, Rounded Tops, that I am watching....As you know there are often short covering rallies that can do you in if you are not careful....It is always best to short near the neckline of a pattern either on a breakthrough or a retracement back....
Example:
1. INTS---Neckline is at 15.00...There is a possibility that this stock if the market corrects could make a run back to 15.00....I am in near the neckline....I am looking for single figures on this one, but I will be patient....HST.....
2. AMAT---Neckline is at 30.00....Target of 23.00..I believe it closed around 28.00....
3. PPG----Neckline at 55.00.....Target of 45.00
4. TAN.....Neckline at 35.00....Target of 25.00...
5. ATLI....I am in this one as of Friday, and in any position I am in, I do not reveal cover points...

On Friday open, my picks were MCRL and LSCC.......

Regards, Mark