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 (5834)	4/1/1998 9:31:00 AM
From: Candle stick	Read Replies (3) of 18691

James Cramer on CNBC just said..."I am long Yahoo! Only a fool would not be long Yahoo!" If thats not the top I will eat my keyboard....whenever one of these momentum CNBC shock analysts get on CNBC and say something like that, its usually a clear sign that everyone thinks its so "easy" to make money you need not even think about it........what exactly justifies the internet sectors crazy valuations is still a mystery to me and even most analysts. No one has yet to provide a solid analysis.......the sector is working on the "greater fool" theory, whereby I buy today because tomorrow there will be a bigger fool willing to pay more to me......no reason to buy other that it keeps going up....soon as the fools are all used up...CRASH!........;^)

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