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


To: space cadet who wrote (726)1/15/1998 12:49:00 PM
From: TATRADER  Respond to of 18691
 
space cadet, I will download data tonight on ESMC and SFSK and get back to you...Just don't have time midday...Looks like MCRL is getting shorted big-time in 29.00 area...Just saw some 39,000 share sell orders hit....I thought they would wait until 32.50 to do this...Oh, well.....Mark



To: space cadet who wrote (726)1/15/1998 9:00:00 PM
From: TATRADER  Respond to of 18691
 
space cadet, just have time for one, the safer of the two, SFSK....
ADX is weak, so it is not a stock I would short....However, you have the 50 day sitting at 51.50, and the lower Bollinger Band sitting at 51.54....That is about where the upper trendline sits as well....So a good break of 51.50 and I would go short....It looks like if that happens, longer term you have a target of 42.50....RS broke 50 today, so that is a good sign for the shorts, namely us....
I now have capacity to analyze NASDAQ composite, DOW and other indexes..Finally got that feature included via Dial Data....Regards, Mark....To the movie.....