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

To: Gokhan Gezmisoglu who wrote (5370)	3/23/1998 8:36:00 AM
From: Pancho Villa	Read Replies (1) \| Respond to of 18691

Gokhan: your post definitely rings a bell...To all: My latest shot at BFIT financial Statements. I am more confident than ever this puppy as a real dog. However I can not warrantee what the price will do in the near future. Message 3804145 Pancho

To: Gokhan Gezmisoglu who wrote (5370)	3/24/1998 9:08:00 AM
From: Gokhan Gezmisoglu	Respond to of 18691

CITA - a good short at this level. This is a financial data provider. The stock has the habit of making one day jumps of 10-15% on low volume in the past. It has done it again yesterday. It has been a very "safe" short around 9 1/2 level. The stock tried to clear that level couple times but there was never enough buying pressure for that. My experience is it will not be able to clear 9 1/2 again. It will be a good short if it opens 9 - 9 1/2 range and you can get an uptick. cover if the stock clears 10 on high volume otherwise it should be a smooth ride to 8. Gokhan * This is not trading advice. I have no position in the stock but I am planning to short it around 9 1/2 if I can.