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Strategies & Market Trends : winpa -- Ignore unavailable to you. Want to Upgrade?


To: Bob Markley who wrote (4478)1/15/1998 10:57:00 AM
From: Winston Kim  Respond to of 6855
 
All of the small investors are covering short...I think it will trade sideways @ 13 into the afternoon and if the market turns sour will head lower.....Naz positive now...Should selloff tomorrow for sure if the Naz closes up...People do not want to hold anything b4 a 3 day weekend....GERN is going to fall just a matter of time...

GERN volume @ 1.1 million....I would say about a lot of people are covered....and still covering....I look for another down day in GERN tomorrow...Volume is drying out and a lot of shorters are out...The good shorters will wait this out until it hits single digits...

Wk