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

To: larry who wrote (5707)	3/31/1998 6:56:00 AM
From: Mama Bear	Respond to of 18691

>>> it's nice to hear a shorter doing great in this 'once in a lifetime bull market'.<<< I'm not sure about doing "great", my point was I'm not being "massacred". <g> >>>do you really believe that AVNT is a good short at current level? I rarely short issues, but might choose one issue as hedge against a market correction<<< It depends. As a hedge against a market correction there are much better shorts. AVNT has never been one to move purely with the market. Also, I feel like I'm getting a message pounded into my skull with this one, and may be covering soon. I'm still holding out hope that this has just been an end of the quarter window dressing run. Sometimes it is better to cover and revisit later. If you want to be daring, short it as close to 22 as you can, and be ready to cover it if it breaks through that level on any kind of volume. Barb