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


To: Jacques Chitte who wrote (5808)3/31/1998 7:44:00 PM
From: up3up4  Read Replies (1) | Respond to of 18691
 
Hi all,

Do you actually shorted AMZN? Do you think this is a good time to short it? Not sure about AOL, it has been crazy!!!

Thanks,
Alex



To: Jacques Chitte who wrote (5808)3/31/1998 8:07:00 PM
From: Druss  Read Replies (1) | Respond to of 18691
 
Alex and Steve-- I shorted ZONA yesterday and stopped out very quickly on the run up.
I am operating with tight stops these days. Of interest to me was the pattern it had all day. After it ran up it yoyoed between 1 and 1 7/16 several times. I had the feeling I was watching a big player dump shares into the momentum he was generating. I was watching today to see if I could day trade against him but no such movement developed. Just an observation for what it is worth.
All the Best
Druss