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


To: Jeff Jordan who wrote (5012)3/15/1998 2:32:00 PM
From: Hank  Respond to of 18691
 
Jeff,

You may be right. All I'm seeing now is a progressively diminishing flow of money into BFIT. It certainly hasn't entered a full fledged sell pattern yet and the buying could just as easily pick up again next week. However, I do think it is ready for at least a 3 or 4 pt. correction at a minimum and I may short it based on that expectation. If things continue to look weak, I may hold for more but that will have to be determined on a day by day basis.

Hank