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Strategies & Market Trends : gary smith shorts and longs -- Ignore unavailable to you. Want to Upgrade?

To: Fortinwit who wrote (313)	1/27/1999 11:14:00 PM
From: drsvelte	Read Replies (1) \| Respond to of 430

F. Longs: ITWO is the best I have found. Breakout from a nice congestion period. Ratings from IBD for [timeliness, accumulation] are [B,A] Shorts: INSS did prove to be a good short today, but I did not step up. Tomorrow I am looking at BWA [C,E] and RMBS - gulp! - [C,D]. Rambus has no support 'till about 60. Last summer I had No Fear of shorting and made most of my $$ that way. I am not nearly as confident with shorts now (well, OK, I got obliterated shorting the nets in October, so I'm gun shy). I just do not see the market repeating August or October now - we've been there, done that. I do suspect we will have a lot of nervousness and volatility.