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


To: 1-DAY-TRADER who wrote (12284)8/2/1998 2:56:00 AM
From: DJRoss  Read Replies (1) | Respond to of 18691
 
So if I understand you correctly, you are looking for many others to follow you to created "Momentum" in the direction you are trading.

Momentum=Orchestration

Not a good combination. Handholding is a sure sign that the hand being held is in the drivers seat, and the handholders are left holding a glove when the hand decides to remove itself.

INCL may have been a good short, but the key here is to find something that is not finished. If INCL gaps below the critical margin levels on Monday, and with negativity in the markets right now, who needs news, then what good is this play to us? You have shorted it, we look to get in, but chances are slim if you are to be beleived concerning the dynamics of INCL downtrend. From what I have gathered on this co, a gap down is more then likely especially when looking at volume trend that past week.



To: 1-DAY-TRADER who wrote (12284)8/2/1998 4:31:00 AM
From: Roger A. Babb  Read Replies (1) | Respond to of 18691
 
daytrader, I am not a momentum trader but sometimes will do a daytrade. Here is one for you to watch from the long side FSTW. It is certainly not a momentum stock or moving fast now, very flat. But I believe good news is down the road for FSTW, watch for signs of the momentum beginning. Probably a few weeks into the future yet.



To: 1-DAY-TRADER who wrote (12284)8/2/1998 4:49:00 AM
From: Roger A. Babb  Read Replies (2) | Respond to of 18691
 
daytrader, on this thread we try to deal with facts and try to keep our posts sounding "factual" rather than "hype". Also many of us might short a stock at about the same time because that we have determined it to be a good short, but would never do so just for the purpose of trying to manipulate the price by our trades. We tend to be fundamental investors with longer term horizons. Thanks for INCL and your posts will be better received by the group if you keep our fundamentalist attitude in mind. You can review my loser list at: techstocks.com