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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Timoteo who wrote (4060)7/17/1997 8:20:00 AM
From: Jumper   of 9285
 
Timoteo...WSJ Today Industrial production up to 119.9

Good Article- Market Turns Some Bulls More Bearish, Making Other Bulls Even More Bullish

"It looks like a very late cycle blowoff, very similar to 1929 or 1987. I'm not predicting a 40% decline. But it could be down 20%.
-David Shulman Chief Equity Strategist, Salomon Brothers

"Every developed Market with the exception of Japan is at record levels and sentiment is at record levels. And to me that is a lethal combination."

I think I need a subscription to pull WSJ online-no scanner...and I still have to look at the keys so typing would not be efficient.

Shorted AOL, VIAS, CTXS yesterday. May close APM today (So hard when they move so fast)

Thank you Roger for all the time you donate here. We really appreciate it. Your a gentleman.

Jumper


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