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


To: Peter V who wrote (12821)8/14/1998 4:15:00 PM
From: virgil vancleave  Respond to of 18691
 
i just covered my sctr for another nice profit. i set my price yesterday right at the 200 dma which held. my position closed at 3:55 so i must have got the low at 28 1/8. i have been short three times now starting from the 43 range when i first posted the nasty looking chart technicals.

chart still looks bad, but i am hoping to reenter again at 31, which seems to be an upside resistance area. if the earnings come out and are bad, i may not get a chance but i still made over $15 per share the past two weeks.

lots of red on the charts today. not very many stocks went up. one i like but ran out of money was gva and it closed at another new high today. no regrets though as i have been making good money.

good luck all.