Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Bill Wexler who wrote (6461)	4/7/1998 1:52:00 PM
From: space cadet	Read Replies (3) of 18691

guys I've been critical of all the people shorting stocks since Jan. Never fight the trend especially not with shorts or options- a quick path to the poor house. But two days in a row we're down, near April 15, and earnings are finally here. Everyone has my permission to short the hell out of the market now. I'm looking for a 5% correction on the dow and maybe twice that on the Nasdaq. To me the absurdly priced internet sector looks ripest for shorting, but almost anything should be pretty good here. Enjoy. Just remember we still are in a bull market and this is just a correction. I still expect us to at least come close to 10,000 later this year and hit 13-14k by 2001. But I'm short for April and maybe in May or June I will go back long.

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