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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Pancho Villa who wrote (5815)3/31/1998 11:06:00 PM
From: Joey Two-Cents  Read Replies (2) of 18691
 
I was hoping the Fed not raising rates would push the Dow over 9,000. I've been sitting here since last week with a six pack of Bud and a box of Pop Tarts waiting for the celebration to begin. Hell maybe the Japanese will push the Dow over 10,000 tomorrow.

Also, just took out a home equity loan 2% below prime. If I invest in S&P index (safe bet) and it performs like it did last year I'll net 24% this year. Charged my groceries @ 18% used money to buy the index I'm going to net 12%. Just borrowed $ 10K from my local shylock Tony Bagadonuts at 40% annually. Heck if I put it in the index and based on 1st Q returns we net 44% this year I'll make 4%. Tick, Tick, Tick.....

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