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

To: Ploni who wrote (8074)4/30/1998 2:57:00 PM
From: gregor  Read Replies (1) | Respond to of 18691
 
re. SEBL

IQC Zone turned negative 4 trading days ago. But this indicator has flip flopped 7 times in the last 5 weeks. Double top.Trending off that. Will take at least 3 to 4 point rise to reverse current negative trend.

Sto's RSI oversold. MOMen is flat. Your guess is as good as mine.

gregor



To: Ploni who wrote (8074)4/30/1998 3:20:00 PM
From: CatLady  Read Replies (2) | Respond to of 18691
 
SEBL

Agree that it looks weak here. It's moved below the 40day EMA and various momentum indicators have been making a series of lower highs. The main thing that bothers me from a short's perspective is that it has apparently found some support at the $26ish level.


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