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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?


To: Peter V who wrote (4485)10/20/1998 8:30:00 PM
From: Thean  Read Replies (1) | Respond to of 14427
 
LT - how many rounds did you play the last 5 days? I'm sure you did better on the course than on the bourse.

I got a confirmation from Waterhouse that they indeed could not borrow XMIT shares to short. Hold on tight, the evil tower will frustrate all over and over again.

AFS and KRB - both met their resistence and got bounced off. I don't expect sharp dropoff immediately as there were quite a lot of money that just went in the last few days and they will not sell in panic until the stocks have dropped 20% or more.

INTV - this one is showing earlier weakness than others. It did not participate the last two days. $18 - $19 is the support. The company feels comfortable buying shares for their buy-back plan at this level.

Small caps - let's watch how far they go down in the down phase. However, if we have a broadbase large cap selloff, they will not be spared.

OSX - downtrend confirmed today. GIFI may be a good short if it lags others in dropping tomorrow.