SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Roger's 1997 Short Picks
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Roger A. Babb who wrote (4702)8/13/1997 1:39:00 PM
From: NYBellBoy   of 9285
 
I have been following your thread for months and viewed your pretty face on your Web Page Yesterday. I totally agree with you that inflation is being hidden. The Dow has been manipulated to replace bad companies with good companies. The profits that big corporations are reporting borderline criminal activity (I am a CPA so I do know what's going on). The CPA firms keep bowing to pressures from the big companies, just to keep their clients.

Please do me one favor, could you recap what stocks you would short today or shorts you have with current targets?

I have had hugh losses and gains from shorting and think that the market is way overpriced, maybe 1000 - 2000 pts. I am considering rethinking the family's portfolio, holding cash, shorting and waiting for the inevitable.

In NYC, everyone is talking about the stock market and I have been asking the what is the Dow, can you name 4 companies and is this representative of the entire market? You would not believe the stupidity of people. I almost never get to the third question and people give me dirty looks when their ignorance is exposed.

I shorted DDIM @ 23 5/8 two weeks ago. What a train wreak! It's gone against me, but like you I have an iron stomach and can wait for the y2k speculative buble to burst. Every major company is using this as a scare tactic to win a larger budget and them planning to purchase new equipment and fix y2k problems only where required. The big boys IBM and CA are getting into it heavy and those small guys are going to get crushed by their own weight.

Best Wishes

BellBoy
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News