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

To: Dr. Seuss who wrote (12981)	8/19/1998 4:01:00 PM
From: virgil vancleave	Read Replies (2) \| Respond to of 18691

I cannot find any information on sctr. At least no new information. I covered right at the 200 day moving average which i saw as a support level and luckily i was right. Not sure how far this upward pullback will be, but there is overhead supply at 33, then 36, and even more at 38. I plan to reenter anywhere above 33 or when i close out one of my other positions since my equity is now tied up mostly on the short side. Lycos sure is a wild ride. The market internals really suck and started ou the day ok, only to fail quickly and now decliners and new lows leading the charge. It looks to me like the market has a lot of downside to go here. Maybe the air is going to be let out of the ballon. Funny thing is, i am one of the few who think so. This is good since historically the market really crashes the hardest when you least expect it. just my opinion. good luck