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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Jon Tara who wrote (4818)8/17/1997 11:13:00 PM
From: Roger A. Babb   of 9285
 
Jon, glad you will be around this week. I did not hear either of the two rumors you mentioned. But I did hear that the last 120 points of the drop was caused by only two trades. I am expecting a bounce back up this week but I don't know if we will return to the highs or continue the down trend.

My long term trading portfolios are about 75% long now. I rarely trade the long term stuff, certainly don't try to follow market swings. But my short term trading account is now heavy to the short side, few longs, some cash.
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