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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Pancho Villa who wrote (2759)2/11/1998 8:55:00 PM
From: craig crawford  Read Replies (1) of 18691
 
<< BTW, what is your current opinion on COMS? >>

My view on COMS hasn't changed, it's still one of my favorite shorts, but as you know if you read the COMS thread I covered yesterday morning. This market is pushing just about everything higher. Today was a bottom fishers rally. DELL, INTC, MSFT down, CSCO flat. I will just sit back and let people like Cramer take COMS higher because it is the only thing that hasn't rallied and stocks like CSCO, MSFT, DELL, LU, etc. are in the stratosphere. Even the semi-equips and disk drive stocks are rallying. Seagate up nearly a point today to 25. How can COMS not get a little boost in this market? I guess it's a good thing that my computer was on the fritz all this afternoon putting a damper on my trading. I probably wouldn't have waited for 33 3/4 to jump back in.

It's still near the top of my list though and I am itching to get back in on the short side. Probably tomorrow.
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