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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Ashikin Wan-Noor who wrote (6223)10/28/1997 11:32:00 PM
From: Roger A. Babb  Read Replies (3) of 9285
 
Ashikin, I am long broc, short ctxs, avnt, zitl, and heavy to cash at the moment having dumped most of my other longs last week and covered other shorts today. I think the market will now over react to the high side and we now know that the best shorts in a crash are the over valued high fliers like aol, yhoo, etc. But these same stocks are likely to climb quickly now, but very dangerous to go long them. I am tired, somewhat confused, and going to sit in cash until I get re-oriented.
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