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Technology Stocks : DELL Bear Thread -- Ignore unavailable to you. Want to Upgrade?


To: Dell-icious who wrote (685)5/17/1998 3:02:00 PM
From: jjs_ynot  Respond to of 2578
 
Based on option expiration price movement, MACD, stochastics and news.



To: Dell-icious who wrote (685)5/18/1998 3:13:00 AM
From: Dell-icious  Respond to of 2578
 
Another case for not shorting a stock based on EPS.
Excerpt from Gary Smith's column in TheStreet.com

thestreet.com


You'll notice there's no mention of RS or EPS. Believe me, I wish I had a way to use these screens as I do on the long side. Unfortunately, using the intuitive low RS and EPS doesn't seem to work. Nor does specifically shorting high-RS and -EPS stocks. In fact, nothing works. For many of you, though, this is good news. Now, you don't have to worry about not getting IBD. Instead you can look for potential shorts with a simple software scan.