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

To: sammy levy who wrote (1178)	1/22/1998 10:46:00 AM
From: TATRADER	Read Replies (1) \| Respond to of 18691

sammy, didn't have time yet...cdrd...It looks like one that I will have to spend more than 10 minutes on...Will try to study it late tonight...Mark

To: sammy levy who wrote (1178)	1/22/1998 5:32:00 PM
From: TATRADER	Read Replies (1) \| Respond to of 18691

sammy, keep those short picks coming....CDRD is a good one....Stock was losing momentum on fast stochastic 9 day today....I peg pattern at 25 by 17.50....That gives us a long term target of 10.00 a share... You have cover points where the pros will take profits most likely at 14.00, 11.25, and then 10.00...Should be an angry reversal if it ever gets to my long-term target...Remember, short covering rallies can unnerve you...When I saw 10 point profits, disappearing recently on ESV and LCRX, I was tempted to pull trigger....But I have a strategy that I am employing differently than normal, since I see the primary trend changing to bearish at this time...So I want to ride my bigger winners longer....I shorted NVLS today at 33.00, and covered SNUS(that was a nice HST but not much volume) at break even...I have a couple of other stocks that are treading water where I don't see 5-10 point scores, and will probably dump them tomorrow....Regards, Mark