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

To: Rajiv who wrote (13388)9/1/1998 8:44:00 PM
From: Peter V  Respond to of 18691
 
Rajiv - ALTIF, too late, got some at 8. I read your analysis on the ALTIF thread, and it looks good, there is virtually nothing to ALTIF long term. I think the market will have another up day here, and then more weakness, so I don't think ALTIF will move up much more (famous last words).



To: Rajiv who wrote (13388)9/2/1998 1:49:00 AM
From: Tai Jin  Read Replies (1) | Respond to of 18691
 
I think at best ALTIF will get up to about 10, but right now it is pushing the upper envelope of the Bollinger band. I suspect that any rally will be short lived.

By the way, it appears that THNK has broken down from a descending triangle with a base around 17. I suspect that it may retest that resistance level before falling again.

...tai


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