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


To: Roger A. Babb who wrote (765)1/15/1998 7:32:00 PM
From: TATRADER  Respond to of 18691
 
Roger, tell me what you think of these picks...These are some of my best for Friday:
1)MSX- Pattern 23 by 18...Neckline 18---Target of 13.00--Break of 50 day
2)THQI-Trendline violation by 3%....Entry at 19.25, cover at 16.25..
Strong stock, but time for a good pullback...
3)ITRI-Double Top formation...27.50 by 20....Target of 13.00....180 formation....
4)HMTT...Rounded top....20 by 12.50....Safest area to short near 12.50...Target in 5-6 area...
5)PRIA...trigger point at 25.18 only for tomorrow...180 formation....

I have 12 more that I will be watching tomorrow...I plan to start covering a few positions to take home some profits, so I can enter new positions....Regards, Mark

P.S. Will be off line tonight......
P.S.S. Check out CLST, nice pattern....



To: Roger A. Babb who wrote (765)1/15/1998 9:22:00 PM
From: The Jedi  Read Replies (1) | Respond to of 18691
 
I think I said that I considered GDT a good short. Let me expand. There seems a topping action here. GDT is to report next week and already the stock is sliding, which to me means not so good report expected. I get two support levels around 42 and then between 25 and 32. I trade on technical basis only, so cannot comment on fundamentals.

Kiri