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Strategies & Market Trends : Roger's 1997 Short Picks

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To: space cadet who wrote (6265)10/29/1997 3:42:00 PM
From: Hank   of 9285
 
Space Cadet,

I believe the market absolutely can not recover fully without leaders. The key blue chips are, IMHO, the key to the entire market. These issues have been in a bearish trend for months now. If they don't snap out of it, I doubt this rebound will last very long. That is why I am refraining from taking any more postions for at least one week. If the big blues don't start showing some signs of recovery by then, I think it may be time to get short again.

Hank
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