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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Nevada who wrote (4550)3/9/1998 7:17:00 PM
From: Mr Logic  Read Replies (2) of 18691
 
College prof, >>It is this insane world that allows us to ultimately make the wealth we seek<<

Very well put. The way me make money here is by leveraging our ability to understand fundamentals with our experience, but now more than ever, by trying to understand the psychology. Silicon Investor is great for triggering ideas and curiosity, but right now it is an amazing window to collective psyche. Respecting the view of longs on (long list of overpriced stocks) is important.
Fundamentally I think the private investor longs are in two categories:
1. Go with the market and hope to avoid being the last one holding the bag (undeniably lucrative recently)
2. Exited people getting in on the act, favouring companies who seem to be doing the right thing, irrespective of fundamentals. I am short on a number of companies that I actually think are good companies who will do well - but the numbers just don't add up. Finally shorted AOL this morning, and I will probably be subscribing to them in a few weeks!
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