Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (2081)	2/2/1998 10:40:00 AM
From: space cadet	Read Replies (2) of 18691

Well I predicted some time ago that we would hit 10,000 and then have a massive pullback to the 8000's before going up again. I would guess we will end the year up between 12-25%. Clearly we are in the midst of a ferocious bull market rally. Traditionally I believe Feb is a tough month for hi-tech but perhaps this year will be the exception. I would be surprised if we don't get some sort of pullback in Feb. However, I have been saying for some time that apr will be the best time to be short as earnings will come in and many companies will not meet expectations due to asia. I hope to be short then but not before unless there is some great reason to short as in esmc or some similar can't miss short. The trend is your friend and the trend is strongly up. I know in the past whenever I've fought the trend I've gotten absolutely killed and I have no intention of fighting the trend this year. I have gotten a little wiser for an old dog...

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