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Strategies & Market Trends : Roger's 1998 Short Picks
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To: craig crawford who wrote (7565)4/22/1998 1:56:00 PM
From: Blue On Black   of 18691
 
Craig,
I agree. Logically, if one trades on a cash position, it will be hard to get squeezed out at these levels. Next week, next month... all of recent runups of 300-700% will be below where they are now. Of course, that it not to say that they won't run a little more but how many of them have another 'double' left in them.
One problem though, if logic ruled the market, they wouldn't have ran up 300-700% in days. Go figure.
lee
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