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

To: Dale Baker who wrote (1492)	1/25/1998 4:32:00 PM
From: TATRADER	Read Replies (1) \| Respond to of 18691

Dale, on ATLPA, I am looking for a pullback to the 11.50-12.00 area....You have approximately 1.8 million shares of overhead in the 14.00-14.25 area and have taken out about 1.2 million....If you can keep the gas on for three more days at 200,000 a day, you should find no problem in this area...However, I am betting that the stock will find profit taking before then...MACD Histogram and Pring KST are displaying a nicely trending stock...Simple stochastic is showing over bought conditions at 94...Momentum indicator is registering a bearish divergence with price...ADX is picking up some steam at 21...I like stocks with ADX over 30...For someone like me, I would not entertain entry at this point, but would wait for the pullback....Regards, Mark P.S. i don't like getting strung up on flag pole formations...Too dangerous to go long at this point...