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


To: Pancho Villa who wrote (3186)2/18/1998 6:35:00 PM
From: put2rich  Read Replies (2) | Respond to of 18691
 
<BFIT> Pancho, so the bottom line is they still lose money and lose big, mostly due to interest payment. The question is how the street or you think when they can pay-off all the loan (long/shor term?) and start to make money? I got out at another short to short more bfit today and my ave. cost is about 22 (still not a big amount). Sorry if I don't do my DD. Thanks



To: Pancho Villa who wrote (3186)2/18/1998 9:13:00 PM
From: CatLady  Read Replies (1) | Respond to of 18691
 
Hi Pancho -

Somehow I have found myself gravitating towards shorter timeframes in investing/trading. It just seems to suit my temperment and thinking better. What successes I've had over the past couple of months have happened when I'm working with a 2 day to 2 week outlook.

And, I'm trying to teach myself T.A. ( I can just imagine the look of disdain on your face <g>. At least I'm not consulting a Ouijii board <gg>.)

On BFIT --

Year to year and Q to Q results - growth? What growth? I don't see any. So what if they lost a little less that they thought they would, results look anemic.

BFIT T.A. - long term uptrend still intact. Short term overbought, price weakness this afternoon makes me think a price will pull back to low 20s could occur, so I started a small short this afternoon.

Good luck to us!