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

To: Pancho Villa who wrote (6774)	4/11/1998 10:13:00 PM
From: Bald Man from Mars	Read Replies (1) \| Respond to of 18691

Pancho: Now I know how to deal with this market, You do all the dirt digging, and I will look at the charts to see when to take action ... I will not short a stock if it does not close 3 days under the 25 days Moving Average and I would cover it if it closes 2 days in a row above its 25 days Moving Average. If you look at AOL, the last time it is 3 days under its 25 days MA is 11-28-97 at around 38, now it stands at around 76 (a mere double). If you look at YHOO, the last time it is 3 days under its 25 days MA is 1-30-98 at around 63, now it stands at around 114 (a mere 80% higher). I think there will be time to short but not at the present moment. Pancho, I am just curious, besides fundamental reasons to short a stock, do you engage in any technical charting ...