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


To: Jeff Jordan who wrote (1867)9/20/1998 8:55:00 PM
From: Pullin-GS  Respond to of 7247
 
Day-"shorting" (TM) USWB has been a favorite pastime of mine for the last 7 days or so......I am considering opening a position-short as soon as 13 fails it for good, or USWB tests 15. Monday is critical.
Bollinger, 21DMA, and chart resistance all say 14 1/2 a top. Fundies say Zero a possible bottom.....I guess that makes it a low-risk short in my book.

Regards....