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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis -- Ignore unavailable to you. Want to Upgrade?

To: drakes353 who wrote (994)4/8/1998 2:44:00 PM
From: Dale Baker  Respond to of 2506
 
Thanks. If I can spot the top in PRST, I will double up there. This market is too shaky to give a worn out, has been high flier a high PE when earnings are going to drop this year.

Just a matter of time and about 7 million shares short.



To: drakes353 who wrote (994)4/9/1998 4:10:00 AM
From: Dale Baker  Read Replies (1) | Respond to of 2506
 
I'm not a candlestick charting expert, but yesterday's action in PRST looks a lot like a blowoff top to me. I will wait and see how it moves today but I'm probably close to doubling up my short.


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