SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Roger's 1998 Short Picks

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Hank who wrote (14155)9/29/1998 8:13:00 AM
From: Franco Battista   of 18691
 
I also agree with you Craig. We have just finished the first phase of the bear cycle and IMHO the second more painful phase is about to begin. The interest rate cut is a one shot deal and a lame excuse to rally since the fundementals have not changed.The bear works this way: fool as many people as possible so they stay in stocks and then see their assets disappear into thin air. The recent lows were not a correction but the beginning of a primary bear market. The subsequent rally was but a hiccup in the bear market and an opportunity to short from higher positions. If an interest rate cut is announced and the market rallies then initiate short positions. There is a lot of bad news out there which is just waiting to happen.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext