Roger's 1997 Short Picks Message Board

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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Jon Tara who wrote (7404)	11/24/1997 1:36:00 AM
From: Humblefrank	of 9285

I agree with Franco, although I don't have the same feeling I had prior to the drop in Oct. I called that one very well, but was not able to profit off it much because I could not get through to my broker to sell my puts. If the market makes a double top soon look out. This would mean the drop would be what, twice as big as the last one? This could be what we're headed for. My feeling is this will be mostly a flat week though. Short and flat. I don't understand why the bad news is ignored but options certainly played a large part. Also, remember the bad news turned out to be less bad then many expected. That's called climbing the wall or worry.

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