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 (2859)	2/12/1998 6:57:00 PM
From: Don Westermeyer	Read Replies (1) of 18691

Pancho, I've also been selling long positions. I never actually go to 100% cash but what MFs I own are conservative. Current wisdom says wait to sell until the IRA money pours in but it seems to me too many people are expecting it for it to really happen. Actually it probably will happen but we'll see. I wonder how much the market will loose when, er I mean IF, we ever go into a recession again? FWIW - I jumped on and shorted WDRY today on the first up tick I could get. This was a terrible day to try to short this thing! Any thoughts when to cover? Asensio says $5! Free Money, just like YHOO! Well, YHOO was SUPPOSE to be free money, not all things are easy....

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