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Hi Guys and Gals,
Here are some candidates for a short play providing they trade BELOW
their open and BELOW the prices provided:
HP 29 3/8 Short term overbought.
LIZ 39 7/8 "
SEI 15 1/8 "
BEZ 22 3/8 "(Low volume-watch the spread before you
trade this one.)
Do not play any of these picks at the open. Wait for them to move in
your direction first. I would not hold these shorts overnight unless
they close into weakness.
These are all short term trades; the term is up to your discretion but
for me it ends when I think the move I buy or sell into is running out
of steam. I generally hold a position for a few hours to a few days.
Best wishes,
James
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