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Strategies & Market Trends : Roger's 1998 Short Picks
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To: cellhigh who wrote (6218)4/5/1998 3:10:00 PM
From: Dale Baker  Read Replies (2) of 18691
 
I don't usually like to correct grammar on SI - it would be a full time job - but your post cries out for it. "Intents and purposes".

Roger's picks were not the worst shorts you could pick on January 1. Sure, it would have been nice to be long, but read this thread daily and you will see that the philosophy is value, not hype. The Internet stocks are sitting right where the Y2K stocks were a year or so ago. Where are most of the Y2K stocks now?

I'm waiting to hear the posts from all the Internet longs who DON'T sell when their darlings crash and burn. They will squeal like stuck pigs. The best traders went long a few weeks ago and they will short the living bejeezus out of these stocks on the way down. Except AMZN, which is 100% short and will probably stay up as a result.

BTW, the best traders won't post their moves. They trade them instead.

You can bank on lots of Internet longs who hold a paper fortune getting toasted sometime this year. Because they are now deeply, passionately in love with those stocks that kept going up. Just like some of the shorts here who are deeply, passionately in love with their positions while they go the wrong way.

If you have some constructive comments to make on when to go long or short, this is the best place on SI to make them. Otherwise crow all you like - until you get run over.

End of speech. Back to your regularly scheduled program.
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