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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: DM who wrote (10086)2/26/1999 8:42:00 AM
From: Poet  Read Replies (2) | Respond to of 56533
 
DM:

Oh boy, I'm now a short. I'm changing my SI name to "Poet, Mistress of the Dark" soon. <G>

I REALLY like ADIC short today. It sold off at the close and still has at least a point and a half to go. This being Friday, I'd expect those who went long ADIC to take their profits before the weekend starts, dropping the price.

OMGA is also a good choice, I think. It's popped a bit since A&P called it, but his thread is confident it'll move down.

My only words of caution about shorting on a Friday are that it's best to choose something that you have a likelihood of covering at the end of the day. I think it's risky to be short over the weekend.

I'll post if I find other plays, short or long.



To: DM who wrote (10086)2/26/1999 9:25:00 AM
From: Wes Stevens  Respond to of 56533
 
Ktel, may be a good short.