SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Roger's 1998 Short Picks

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Roger A. Babb who wrote (2578)2/9/1998 9:46:00 PM
From: geewiz  Read Replies (1) of 18691
 
Hi Roger,

I don't have the confidence to short this market. The views you post reflect very rational valuations but the market is past the point of looking at earnings or sales rationally. What's of immediate concern is the percentage of market letter writers (only 41% bullish) who are negative as per Investor Sentiment in Barrons; a lot of skeptics to join any rally that starts. I got some puts that I wish I had waited to buy; this blow-off may last till the next pre-announcements.

It's hard to understand the TRANS index rising; it seems to be pulling up the INDUS index.

best, art
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext