Roger's 1997 Short Picks Message Board

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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Michael Berkel who wrote (9052)	12/29/1997 11:09:00 PM
From: Mike Harkness	of 9285

Michael, I would like to clear up my position on YHOO. I only want to short it as a trade. I am not long term negative. I think a 25%-50% correction is in order. If there is no climax or short panic and the stock creeps up then I won't go short. If the stock has a rapid runup on 5 -10 points then I think it will correct sharply. I have seen this happen too many times. Also, I am making this decision with the current tech market weakness in mind. If Yhoo has a rapid runup and ALL stocks do the same I might be inclined to sit and watch.

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