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

To: virgil vancleave who wrote (12980)	8/19/1998 12:40:00 PM
From: Dr. Seuss	Read Replies (1) \| Respond to of 18691

Any information on SCTR? I am short and agree, wondering why you think it's a good target again. Dr.S

To: virgil vancleave who wrote (12980)	8/19/1998 1:19:00 PM
From: Market Tracker	Read Replies (2) \| Respond to of 18691

<i<Does anyone else use the market internals as an indicator? Virgil, I pay particularly close attention to the market's internals, and the story they have been telling of late in a sign of considerable underlying weakness. We appear to be retrograding back to the days of the "Nifty Fifty" of the late 70's. where a few select issues perform independently from the general market direction. The internals also suggest a lack of conviction, and NYSE trading volume even on up days, has been unconvincing at best. IMO we will test new lows before we test new highs. MT (80% cash)