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

To: Druss who wrote (665)1/14/1998 12:55:00 AM
From: Agamemnon  Read Replies (1) | Respond to of 18691
 
druss, that's quite a feat if the MM's can artificially prop the price. This gives another good sell opportunity for those prevously selling. I'd be surprised to see it move up on high vol.



To: Druss who wrote (665)1/14/1998 1:12:00 AM
From: Dale Baker  Read Replies (1) | Respond to of 18691
 
The TA read on WDRY came from Fast Stochastics, which showed WDRY oversold and prone to a quick rebound, just like XCIT and a list of others which I don't have at my fingertips at the moment.

I don't know what to make of the Fast Stochastics line now, going from 10 to 90 in one day. Perhaps a more experienced chart reader could comment.

I expect WDRY will be a good short again in the near future. I'll try not to miss the train this time.


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