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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: Druss who wrote (451)3/17/1998 11:24:00 AM
From: Jim Roof  Read Replies (3) | Respond to of 4634
 
Everyone hates my guts for bringing technical analysis to this thread but that's just too bad. HEPH is a very bad short right now from a technical standpoint. I think it will be at 21-23 within a matter of days/2 weeks.

It broke out of a solid consolidation yesterday that formed with the hallmark decrease in volume trend. The *minimum* target for completion of this move is 21 and it could go higher.

Jim



To: Druss who wrote (451)3/17/1998 11:26:00 AM
From: Ploni  Read Replies (1) | Respond to of 4634
 
Can HEPH be shorted? It is OTC.



To: Druss who wrote (451)3/17/1998 1:38:00 PM
From: Bill Wexler  Read Replies (1) | Respond to of 4634
 
It looks like a good one, but I'm still having a hell of a time finding shares.

The only objection I would have is the very tiny float, making it a snap to manipulate (and it would also explain why I'm having difficulty finding shares to borrow).


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