Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Pancho Villa who wrote (1632)	1/26/1998 9:34:00 PM
From: Bill Wexler	Read Replies (2) of 18691

Yes, I am short (too much!) yahoo and a bit of AOL. The reason I'm not active on the Yahoo board is because my original hypothesis for shorting it was proven wrong. I think I already posted on this thread that I will never again short a momentum stock until and unless more (negative) information is publicly available...even if it means missing the first big drop down. In the meantime, I'm still short the stock and the position is looking much, much better now, thanks to the recent drop and because I managed to pare some of the paper losses by hedging with options. I think this will work out OK in the long run.

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