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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: j g cordes who wrote (17726)9/2/1998 1:48:00 AM
From: Lachesis Atropos  Read Replies (2) | Respond to of 70345
 
Jim... Mr. Pink at times has pretty good analysis and has established minor cult following. I use an alias of a 2 Fates -- a measurer (one who determines allotment) and a terminator (one who is inflexible). It helps to reduce my wishy-washy trading logic.

I was just going over a list of SI's favorite shorts. Most are trading at extremes (if not just from shorts covering), indicating that they are candidates for chicken trading swings until they reach equilibrium. I loaded up (short) on ALTIF at 7 31/32 today. See how it plays out. ALTIF doubled in three days.

I noticed that you played a few of these (though contrary):

ABTE bounce up
ABTE bounce up
ACLY so so bounce up
ACRT bounce up
ALTIF bounce down in the next 3 days
ALYD bounce down
AOL bounce up
BTIM so so bounce up
CCSI bounce up
CLCX bounce up
CVGR bounce up
CYBG bounce up
CYCH bounce down (careful here MSFT likes this one)
DDIM bounce up
GBUR bounce up
HEPH bounce up
LHSG ??
MRVC bounce up
REXI so so bounce down
SRCM ??
TAVA bounce up
TRBO bounce down
VIAS bounce up
WLRF bounce down
ZITL bounce down
ZONA bounce up

Lachesis