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Strategies & Market Trends : Roger's 1997 Short Picks
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To: Jon Tara who wrote (4055)7/17/1997 1:35:00 AM
From: chester lee   of 9285
 
<<And the dogs and cats are just starting to howl. They have a long way to go yet.And the dogs and cats are just starting to howl. They have a long way to go yet.>>

We shall see. Tomorrow's economics numbers may be the turning point. Or maybe not. I will say I'm more comfortable shorting than buying at this nose bleed level. One of my indicators already triggered. My mother called me last wwek and was telling me about the market. She's knows nothing about the market, only that it's going up because people tell her they are making money. DOn't get me wrong, I love my mother. However, over the years, I'll correlated motherly advice with market turns. When she tells me to sell my stocks and not get greedy, hte markets near a bottom. She's my contrainian indicator.

Chester
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