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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: xcr600 who wrote (15341)11/11/1998 2:03:00 PM
From: Tom Hua  Respond to of 18691
 
<< See it as a good short once volume slows up>>

Ktel Watch.

xcr600, volume is slowing down. In the first 90 minutes, 13.5 MM shares traded, and took Ktel up to 39. In the last hour, volume was 2 MM, stock retreated to 32. Like yesterday, I expect selling to intensify 30 minutes before the close.

Regards,

Tom



To: xcr600 who wrote (15341)11/11/1998 2:05:00 PM
From: RGM  Read Replies (1) | Respond to of 18691
 
Hi - I shorted KTEL @32.5 this morning. Should have waited till it
hit $39. Anyhow, I'm wondering if you would short this stock at 32.5?

Rob


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