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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Roger A. Babb who wrote (4049)7/16/1997 5:27:00 PM
From: Bob Trocchi   of 9285
 
roger...

About a week or so ago I had this gut feel that we would see a NAS blowoff of around 40points which I posted on this thread. Well today it was 38 and yesterday it was 18. That 56 is about 280 on the DOW. volume was up today (I don't have final volume) but I believe it was around 900M or equivalent to about 450m on the NYSE.

Was this the NAS blow-off.

Your shorts did well today except CIEN.

My current shorts are Zitel, DDIM, CIEN and VIAS.

My core long portfolio is doing great.

Thanks for your opinion on your call of the tops.

BTW, some time ago you predicted 8000 on the DOW by July 15. How could you have been so WRONG. It was the 16th.<GGG>

Regards and GO BROC

Bob Trocchi
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