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

To: Dale Baker who wrote (1280)	1/23/1998 7:36:00 AM
From: sammy levy	Read Replies (1) \| Respond to of 18691

Dale,someone brought up IGEN. From what i mngd to get out of the book,it's a good time to short it. What's yr opinion? And then we will ask Mark :-) Sammy

To: Dale Baker who wrote (1280)	1/23/1998 4:32:00 PM
From: TATRADER	Read Replies (1) \| Respond to of 18691

Dale, I don't have AFCI in my data base yet, but will download it this weekend....Will give you brief take before Monday...Have a good weekend..Regards, Mark

To: Dale Baker who wrote (1280)	1/25/1998 11:52:00 AM
From: TATRADER	Read Replies (3) \| Respond to of 18691

Dale, I took a look at AFCI...Trading pattern is from 32.12 by 24.00...Rectangle pattern...Volume is slowing as we reach the upper extremity of pattern...You made a smart move in shorting this one at 31.00...From my take it should turn downward shortly..Momentum trendline is down...MACD Histogram in bearish divergence with price, same with simple stochastic...You have some good support at 26.50 and 25.00...I probably would not chance it and exit at 27.00...I probably will stay aside from ATLPA..I have not looked at it, but a while back someone I know e-mailed me with a hot tip from a fund manager that he was buying this stock...I told the person I never buy a stock on a tip from even a closest friend....Glad I didn't, the stock tanked shortly thereafter...Goes to prove you can't trust anyone in this business.. Take care, Mark