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To: Galirayo who wrote (5649)1/14/1998 12:33:00 AM
From: taxikid  Read Replies (1) | Respond to of 9262
 
ray... wdry..
a lot of people are looking to short or have shorted.. i look at the daily chart for a year and see a picture perfect textbook rising mda..
am i wrong but could this be a cup and handle or is it a double top.. i am totally confused as to whether this will fall or show strength..
near the highs~ ready for breakoutv @ expense of the shorts.. but thin volume is misleading..
i would suggest to leave it alone or straddle it..
but one way or the other we have a 50/50 chance of a volume laden violent move..
so i guess i better check the short interest and see what is what..
on the short side LOOKING @ the following same old stocks..
aol,ctxs,ddim and possibly cube/asnd..also avnt and zona..
i covered my avnt @ 17.5 to pick up creaf thurs or fri..
good choice as i grabbed almost 2 points off it..
have plenty of trading power left.. not itching.. but looking for a little diversity..
running total this year to date..
total portfolio up 33%..