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Non-Tech : Radica Games (RADA) -- Ignore unavailable to you. Want to Upgrade?


To: bajaseatrader who wrote (2975)2/27/1998 1:21:00 PM
From: larry watson  Respond to of 7111
 
Stan -

My scenerio for the next couple goes something like this: 18 won't crack without news. Seems to be no shortage of buyers at the 17 1/2 level. There's probably a sizable number hoping to yet get on board in that range to take advantage of pop on Monday. That balanced by decreasing number wanting out at upper 17 level. Consequently, could be rally to upside toward today's closing, then significant gain Monday. After that who knows? Agree shorts are wild card.

larry



To: bajaseatrader who wrote (2975)2/27/1998 4:27:00 PM
From: Hank  Read Replies (1) | Respond to of 7111
 
<<This would leave the investors the big winners as usual and the traders sitting on their cash looking for weakness to repurchase their position>>

Stan,

Somebody with your years of experience should know better than to lump investors together with traders. A trader considers himself a "big winner" if he gets 10% out of a trade in 1 to 2 weeks. The objectives are entirely different. A trader relies on speed and quick decisions. An investor relies on careful analysis and patience. If you think that just because I'm a "trader" I don't do as well as the rest of you, then let me know and we'll compare portfolio's and see who has the highest year to year return on a percentage basis.

Since the wild cards here are the shorts, perhaps you could give us your best guess as to what it will take to get them to cover. I bet they hold right up until 20. If RADAF fires past 20 with strength, then I agree that we'll see a massive short squeeze.

Hank