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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Mama Bear who wrote (9057)12/29/1997 10:17:00 PM
From: phbolton  Read Replies (1) of 9285
 
Barb! wrote: "Best % return 1995-- IOM(G) 1996-- ZITL 1997-- YHOO" And you know what, I shorted all three :) [made $ on the first two waiting on the third]

along this line, while waiting in a bookstore the other day, and a real one at that with actual books, I was paging through Jimmy Rogers' new one and came across something like "in no other area will people buy more of something just because it is going up in price. not VCRs, refrigerators etc. when their prices go up people buy less. only in the case of stocks will people buy just becuase the price is rising"
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