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To: Thean who wrote (2385)	9/1/1998 3:53:00 PM
From: virgil vancleave	Respond to of 14427

I am planning on reshorting sctr at 28. I keep covering and shorting and its working pretty well. Resistance is in fact at 28 or just a little above all the way to 30 and it is strong. The market rally today is normal on historical perspectives. But historically, the months that followed such a precipitious drop found many companies which WERE leading in fact dropped and kept dropping to never return to stardom. examples include iomega, presstek, and many others. lhsg still looks like a good short here. So does pixr, which is not really rallying and may well never recover since it is valued at >50 times sales. Just saw a chart of lcos (my only short loser because I covered too early) and it appears to be a head and shoulder top with neckline around 26. I already got burnt on it once, but may try it again. good luck It will be interesting to see what happens tomorrow.