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 (4045)	3/4/1998 7:45:00 PM
From: Bill Wexler	Read Replies (3) of 18691

I love this market... All the stocks that I'm long, with real earnings and real revenues (INTC, CPQ) react violently downward on bad news. All the stocks that I'm short (no revenues, massive losses) continue to skyrocket, seemingly immune to any bad news...worse than that...the nastier the news is, the more the stock goes up! I figure that the market in general will open down tomorrow as investors dump more Intel and CPQ and then there will be a strong rally in "flight to fantasy" stocks. Expect Yahoo to close up +15. I'm sure some analyst will attribute Intel's problems to the Y2K bug, and Zitel will also gap up +10. I'm pissed!!!!!!!!!

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