Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (1397)	1/24/1998 12:03:00 AM
From: Hank	Read Replies (1) of 18691

Roger, Although I recommended SGY as a long in an ensuing oil panic, I should have mentioned that it is a screaming short right now- assuming oil prices are destined to fall lower. It is at a predicable point now where it will easily fall to the $25-$27 range if oil prices collapse further. I recommend shorting with a call hedge if you're nervous about this. Then, when oil prices bottom, go long as hell because this one will rebound in a hurry back to the mid 30's. Hank

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