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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Timoteo who wrote (6642)4/9/1998 9:34:00 AM
From: Roger A. Babb  Read Replies (5) of 18691
 
Timoteo, you are fundamentally correct on yhoo, but it may go a lot higher first. The end of tulip mania runups is difficult to call, it always goes much higher than anybody expects and comes to a sudden end just when it seems to be going much higher. Often the longs AND the shorts lose. The longs forget to take profits being greedy for more and the shorts get sqeezed out before the crash. Yhoo is a classic mania.
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