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

To: Pancho Villa who wrote (2152)2/3/1998 7:38:00 AM
From: Kip518  Respond to of 18691
 
PV, you wrote: WDRY closed at 283/16. IMO the time to short this puppy has come (I will jump in at a price over 28). Some people will rather wait until it starts going down. I will dare again and short on way up.

I believe WDRY has already started down and that its recent high of 31 1/2 was a uptrend blow-off. Yesterday was a good day to short. We might still see it pushed above 29 but if so, it should be jumped on.

Ron


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