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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Pancho Villa who wrote (2860)2/12/1998 7:46:00 PM
From: Eric Klein  Read Replies (3) of 18691
 
Pancho,
Schwab wouldn't let me short WDRY! Said that they didn't allow margin buying or selling on this stock. I don't believe that Schwab is the best brokerage to go through if you want to short (understatement).

On another subject: This market is crazy. I don't know what news could cause it to pause in it's flight to the heavens. Indonesia is about 2 weeks from total economic collapse, but that won't do it. We're about one week from attacking Iraq, but that won't do it. Latin America is following Asia, but that won't do it. Consumer spending downgraded for Dec and Jan, but that won't do it. Profit growth getting a haircut from 12% to 8%, that won't do it.

What will do it? Any ideas?

Anybody else have ideas?
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