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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Ploni who wrote (3841)3/2/1998 4:26:00 PM
From: Ploni  Read Replies (2) of 18691
 
Subject: SEBL

I'm still holding my puts. I cancelled the sell order after it sat a few hours without being executed. SEBL hardly bounced at all, which leads me to think (hope) that there might be continued weakness. Perhaps some analysts will downgrade it tomorrow.

I'm still being hammered by my other positions: BFIT, WDRY, YHOO. Even ITWO got in a jab today: it opened a half point lower, but then rebounded 2 points, to finish up 1 5/8.

Still, the market seems to be running out of steam. The longs should "Beware the ides of March."
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