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


To: phbolton who wrote (12704)8/13/1998 10:44:00 AM
From: 1-DAY-TRADER  Read Replies (1) | Respond to of 18691
 
Ref. ADBE:
Ohh well, I noticed that the market was getting weaker, and it was acting at the mercy of the Dow, so, I took a chance for a momentum trade and shorted it at 27 1/2 for a quick point or two.

:) it is now @ 27 and may get much lower :)

We all have and idea where the Dow is going today based on the fact that it is already Thursday, Asian and European market behavior yesterday. I was hoping that Roger would post his opinion on it before jumping into it, but he has not yet. I am still waiting for his opinion. Soon I hope :)

I might just cover at 26 1/2