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Strategies & Market Trends : Roger's 1997 Short Picks
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To: Pancho Villa who wrote (7480)11/24/1997 9:52:00 PM
From: scope  Read Replies (1) of 9285
 
Pancho:
I'm short at 19 1/8.
But I must tell you, i worry about these little old ladies from Pasadena. They know nothing about efficient market theory.
They just buy what their friends recommend and they can hold the stock longer than you think.During the past thirty years as a trader I have learned that these investors in the long run lose their money.
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