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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Yamakita who wrote (4301)10/19/1998 11:47:00 AM
From: GT  Respond to of 18998
 
Short EFII now before you go and come home to 5 points. Check the consistency with which it has bounced off 22 and returned to 15 over the last 6 months. Its good for about -3/4 point per day from current levels as the mm's usually bring it down in the afternoon each day. Just look at the chart - seems like the risk/reward is VERY good for shorting here. Gorcon.