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Strategies & Market Trends : Shorts waiting to happen

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To: Cadaver who wrote (797)12/1/1997 10:38:00 PM
From: Cadaver   of 852
*** BULL ALERT ****

Ok boys...time to buy some stocks. The entire correction is over and you can expect a good run up from here. Ignore all the stuff about S.E. Asia etc., those economies were screwed up too long ago to make any significant difference.

Long term Shopping list:

MSFT: Buy this dude. Good for another 5 yrs at least.

IOM: Buy on weakness. Good for a year at least.

DELL: Buy. Good for a couple more years.

Ok, here's the real glamorous stuff. Longs are boring compared to the
thrill of the shorts...

ASND: Very small chance of reversal. No need to be concerned unless it crosses 30. Note that ASND is perceived as really cheap at these prices (It probably is). But most likely it will fail to move up and will move down sharply.

PAIR: Bad omen on today's chart. See the lower lows and lower highs. PAIR is getting killed when the rest are being revived. This is usually an unmistakable omen of a stock's ill health.

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