Roger's 1997 Short Picks Message Board

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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Dale Baker who wrote (6102)	10/27/1997 6:52:00 AM
From: Roger A. Babb	Read Replies (2) of 9285

Dale and ALL, it has the makings of a bad market day. It may be today that we learn whether this is a dip in a bull market or if the bull is dead. I think the key is if we get a rally in the afternoon, or not. Today I will be shorting "high fliers" and buying some solid small caps. A news item has Intel cutting chip prices 20%. And I keep hearing the word "deflation" tossed around. It won't take much of this talk to get companies to start deferring purchases and cutting inventories.

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