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

To: Pancho Villa who wrote (4340)	3/7/1998 1:06:00 PM
From: Street Walker	Read Replies (2) \| Respond to of 18691

RAYS....sunglass hut I agree. From the stores I've seen, no buyers! Products are too expensive! I'm shorting, though, based purely on technicals. It has never been able to sustain the current level between $9.50 - $10.00. On Monday, it may rise a little bit in the morning giving others an opportunity to short, before all the short term profit takers come in, along with those who bought at this high price last summer and fall and just want to break even, given the chance. After a 16% increase in one day, its bound to bring out sellers! Looking at historical charts, I see it falling back to around $8.50 very soon. Anyone else have an opinion on RAYS that concurs with mine or in total disagreement? "Street Walker"