Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: MIKE DUBIS who wrote (11209)	7/8/1998 5:52:00 PM
From: JOHN CHEN	Read Replies (6) of 18691

I repeat in my previous post: only idiots would short internet stocks now! I keep saying don't short internet stock till a day after YHOO announced split. I hope someone listened! Those who thought the dip in the past 2 days are short opportunities will get a rude awaken tomorrow, losing not just a short but heading towards CH11! The safest time to short is again on Friday, a day after YHOO announced! I told you guys YHOO earning is good-I did not lie; I told you YHOO would announce split- I did not lie! For all those people tried to short these internet stocks..... well, I got all your money! And yes, on Friday, I will SELL SELL SELL and turn around and SHORT SHORT SHORT! You got to go with the tide to make money- go against it, you lose! So when I cashed out my AMZN and YHOO on Friday, I will have the fondest memories of buying AMZN at $40 and YHOO at $65!

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