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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Pancho Villa who wrote (4876)3/13/1998 10:41:00 AM
From: Oeconomicus  Read Replies (1) of 18691
 
Pancho, nice LT gain on WCOM. I notice that the volume in WCOM really picked up during AND after that Aug/Sept '96 drop - lots of stock in new hands. Wonder how many more are thinking the same thing as you. Stock's back up and making highs, the flood of acquisitions last year are slowly getting closed (how long before Bernie finds another target and the arbs start selling again?), the market's looking dangerous (only a slight understatement), why not take some profits now that they are long-term? Congrats.

Bob
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