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

To: CHIP HUNTER who wrote (12263)	8/1/1998 2:17:00 PM
From: Ulrich Santo	Respond to of 18691

Hi Hunter, i wouldn't bet on an fast drop of internetstocks like CNWK or AMZN the float is mostly small 10-20% and short interest is about ~10%, this makes an easy short squeeze. Ulrich Check out short interest figures swarm.glamus.de

To: CHIP HUNTER who wrote (12263)	8/1/1998 10:15:00 PM
From: virgil vancleave	Respond to of 18691

hi again chip. remember me from the creaf thread? just wanted to say that i made money on creaf, but got out in the twenties. like you i am a chartist, but also look at fundamentals. did you follow through on apple and or ba? if i remember right you were long apple and we both thought ba looked toppy. i took no position on either and now wish i had. as far as cnwk goes, the fundamentals definitely do not support the current price. technically, it has in fact formed a right shoulder and the head which is just above the right shoulder and is resting on the moving average and neckline for the top. if the chart pattern holds, i would be short just below 50 or when it fails to make a new high in the 60's. if it breaks 50, we might not see a right shoulder based on market internals and the next support level is around 30. looks like a very potential short candidate to me and i will be watching for which way the trend goes. just maybe it will fulfill the h and s top and i can short in the 60's. anyway, congrats on your past picks and good luck. also, for another chart that looks similar, check out file, abtx, sctr, lhspf, and some of the ones on this board. i have a short position in sctr and am buying puts on ones that have options.