Roger's 1997 Short Picks Message Board

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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Roger A. Babb who wrote (3705)	6/26/1997 11:05:00 PM
From: TokyoMex	of 9285

Roger, I too hold short at 43 3/4 and 45. Yesterday played short and long 39 to 35 then back up to 38 all in matter of minutes and made a nice profit. Today I got whipsawed a bit shorted at 41 covered at 43 went long at 43 sold at 44 3/4 went short 43 3/4 and at 45 by closing. All in 3000 and 4000 share lots. Still holding shorts and will play long again depending on the levl II action. Today 43 was the tops until RS jumped in with buy blocks as Mont was selling then Mont went both long and short at same time. I was hoping for 42 close but MMs wanted to run this up at the very end and it went as high as 46 scared my pants off. However I see a gap in the morning then down all day on this sucker so what I will do is hold mny short go long at open dump at its daily high then add more short and will cover at closing time where with weekend approaching I see profit taking. The initial hype is over and a few days later it will find its reality. Look at all the post hype stocks susch as recent RII after the NYSE and Huizanga hype. LOL I am sure even SR didnt expect this run today and they are saying the stock is getting ahead of it self. Mex

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