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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Hank who wrote (5311)9/14/1997 4:18:00 PM
From: Craig Gordon   of 9285
 
I am glad there is somebody out there that agrees with me. I think this market will tank too. Almost everyone is a momentum bull.

You may think that I am nuts and maybe I am, but I have developed a belief that a force larger than you or I can imagine controls the market. Just like the big fish eat the little fish in the sea. I believe that much of the pricing is manipulated and controlled by a powerful few.

I don't think Yahoo will totally tank until the big boys have loaded up their truck with cheap put options. This could take weeks or months. Also the market will tank so that the controlling players can sucker the weaker players into selling their positions at lower prices with a scary drop.
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