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Biotech / Medical : CuraGen (CRGN) -- Ignore unavailable to you. Want to Upgrade?

To: CoffeePot who wrote (76)	11/19/1998 2:51:00 PM
From: ahhaha	Respond to of 478

I advise you to cover short. If you feel this is the best target, wait for a new entry above. If that doesn't develop and 6 is breached, you can retake. It is not good to go short issues in this price range even though 90% of the issues trading below $5 go bust. I say this because market orders to sell are not getting tick concession, but market orders to buy are price inelastic. Also, going short when the FED is pumping madly is never advised. Cool it. Early next year the FED will have to back off and you will have plenty of opportunity. I say this even though in December I'm guessing the big board will get a rest.