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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (399)	8/19/1998 7:53:00 PM
From: Wayners	Respond to of 7247

I don't see anything prohibiting selling short, so I'm recommending a short of SOC (Sunbeam-Oster)as close to $10 as possible. Reason: Wicked long term downtrend. Retested resistance at just under $10, support at $5 or under. Sell signal on many oscillators including 5 day stochastics. May take as long as 4 to 6 weeks to get down there.

To: Tim Luke who wrote (399)	8/19/1998 10:42:00 PM
From: LemonHead	Read Replies (2) \| Respond to of 7247

The thread is Great, but the Idea is so much better. I have made two position trades since you started the thread and I feel real good. I went with my gut instead of my feeble mind and made good on NSCP and CPQ. Hit both at peak this week. Now I have great reserve's for pick up's on downside of Dow or whatever. Two weeks ago I was engulfed with the minor bb arena? But now I am back playing with the real $$ again. Thxs Keith