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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (3195)2/18/1998 8:26:00 PM
From: Timoteo  Read Replies (3) of 18691
 
I shorted @ 111.5. Should know better than to guess earnings, but there may still be profit-taking tomorrow. I still believe military action against IRAQ is inevitable. If anything, the "demonstrations" at today's town meeting might give Saddam the false impression that the American public oppose action. He has totally misread the west before and has surrounded himself with "yes-men" who tell him what he wants to hear. With six positive days on the DOW, traders should be looking for an excuse to take profits.
I'd like to hear from some TA people on CTXS and AVNT. Both look very weak. Mc Nabb Brothers: are you out there?

Best Wishes,

Timoteo
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