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Strategies & Market Trends : Roger's 1997 Short Picks
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To: Roger A. Babb who wrote (8110)12/11/1997 3:11:00 AM
From: Jon Tara  Read Replies (2) of 9285
 
Roger, I think now it may finally be time to short CTXS.

And I am going to scramble to initiate a short in RMBS in the morning. Hope it holds long enough for me to do that.

Here's my wild-ass crazy prediction of the week - look for the fed to raise margin requirements. I think that they have to do this to protect small investors and avoid later finger-pointing at Washington.

I also think that there is a good probability of another huge one-day move down in the Dow again, perhaps tomorrow. This time, with the wider limits. We get to "test" the new system. Oh, joy. :(
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