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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Joey Two-Cents who wrote (6691)4/10/1998 9:24:00 AM
From: Pancho Villa  Read Replies (1) of 18691
 
>Pancho it's incredible that a stock like YHOO can run up 30% in two
days. <

Incredible but it can happen. The crazy rotations into internet stocks and all kinds of low growth stocks with multiples above 80 but with no perceived Asian exposure seems to indicate there is something very wrong with this market. No one can tell how long this will last but definitely I am witnessing things that do not make much sense. I wonder what the saw called experts, not just the kids but some of the more experienced folks, make up out of all this. Does everyone believe one can use a Zack's like momentum based investment model and get out when things turn the other way.

Pancho
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