Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Pancho Villa who wrote (6689)	4/10/1998 8:16:00 AM
From: Joey Two-Cents	Read Replies (2) of 18691

Pancho it's incredible that a stock like YHOO can run up 30% in two days. After I got burned back in January shorting EGGS I try to stick to the real weak unknown stocks like ZONA, ALTIF, EA and PSFD. Those high flyers such as banks and internets I think would be safer buying put Leaps of 1/00 way out of the money eventually time would be on your side. Buy some AOL put leaps 1/00 strike price $ 40 and it's like you started shorting the stock back in January. Good article in May's Worth by Jim Rogers about the IMF and World Bank, calls it a Ponzi scheme waiting to collapse.

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