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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Joey Two-Cents who wrote (6686)4/10/1998 7:22:00 AM
From: Pancho Villa  Read Replies (2) of 18691
 
JTC: interesting reading after another down day. I guess the problems the world economy will face later this year and in 98 are directly related to the market leadership of internet, financial and pharmaceutical stocks. I read somewhere that the market rallied on YHOO's results which indicate worries about earnings may be overdone.... I guess the 30 million in revenue YHOO reports carry a lot of statistical weight. I am still short YHOO, not a large position but growing rapidly...Time to get out? from the price hike yesterday I guess we can tell what the answer to the question was for many in the short side....

Pancho
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