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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Ploni who wrote (6475)4/7/1998 5:07:00 PM
From: Franco Battista  Read Replies (1) of 18691
 
Personally I am covering every short position where there is a profit. I don't believe this correction will go on very long and see the possibility of a bear trap being sprung. Get more people to short and then squeeze them for all they are worth! Don't forget, these people are very greedy and they have to find a place to invest all those profits they have just realized. Beware the high flyers. BTW tomorrow we might get another chance to cover- AMD just reported earnings of -.39/share vs projected (and revised) -.28. Happy trading.
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