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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: bobferg who wrote (16168)5/26/1998 4:55:00 PM
From: Judy  Read Replies (1) | Respond to of 68005
 
Hi, Bob

Last week I liked AOL, DELL, and PFE as shorts.

Message 4549673
Message 4551979

Also keyed on ITWO and the software sector when MANU tanked on earnings prewarn but did nothing about it. For instance sold SYMC into strength and did not sell naked calls at the same time because of possible buyout rumors (translation: no guts).

NT and TLAB caved today, LU will surely swoon too. WLA will also fall with the rest of the drug sector. Valuation and today's split have been holding it up, both points are no longer quite so legitimate. Let me know your thoughts on TLAB as a short on retrace up, and LU and WLA at current levels. btw, at what price will you cover the DELL short?

Actually, with the current market sentiment, one can probably short anything where there are no merger/buyout rumors.