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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ken W who wrote (9677)	10/19/1998 11:01:00 PM
From: Magnatizer	Read Replies (2) \| Respond to of 29382

Ken PURW is way overbought now. It does not look like a real safe short unless 8.00 is taken out. If not for earnings today it would have come back down for sure. I will be watching it closely but not sure I like anything short just yet. the market is looking quite strong here. No profit taking stepped in today, actually the opposite. Good deals were being swiped up all over. We will base/decline soon but not sure it will be a safe enough area for a shorter. Gee, can I zig zag with the best of em or what? LOL One day, go short, next day, don't even think about it. I love this stuff ht david