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


To: Broken_Clock who wrote (2294)2/4/1998 10:47:00 PM
From: Dale Baker  Respond to of 18691
 
Dave, I'm still short SEBL at 48 with a target of 43 -44. Once SEBL cracks there won't be any support until 44 as the momentum players jump out. No way SEBL is worth 50 - not even 44, but I won't be greedy.

Opened new shorts today in NN, CYBR and MENT. I'll get out of MENT if it moves the wrong way. All are earnings casualties which won't do well in a down market. There is a difference between undervalued and wounded stocks. Why buy a turkey when you can throw a dart at the semi sector and make money right now? (I'm long KLIC).

Good luck everyone.