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Strategies & Market Trends : Roger's 1997 Short Picks

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To: CalculatedRisk who wrote (7774)12/3/1997 9:24:00 PM
From: Pancho Villa  Read Replies (1) of 9285
 
CR: thanks! I am heavily shorted all the y2k dogs and just plan to hold until they fade away...got to have guts for this but at least I know I am not alone. ALYD starts trading NASDAQ tomorrow the leading dog of y2k stocks. I shorted some at 137/8 is now atr over 20 great opportunity when shares become available. The world is full of dummy investors.

Pancho

y2k short list: zitl, seec, alyd, ddim, zmax, alcy

PS: I am short aol and feel quite OK this puppy will come down again [I shorted INTC at 88 saw it go over 100 and then covered to early at 85. WLA at 147 and again covered too soon at 145. NVLS 111 before split and covered too fast at 103. These stocks do move around.

I guess I get the shorting fundamentals right but then get impatient. Never lost money on a short trade!

also short yhoo, bfit, trbo, ipic
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