SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Roger's 1998 Short Picks
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Pancho Villa who wrote (6954)4/14/1998 5:17:00 PM
From: FIFO_kid2  Read Replies (3) of 18691
 
To all involved: I have an excellent indicator that predicted the correction in late May 1996 and October 1997 and worked both times. My speculative indicator was triggered yesterday and again today. The trading activity in LEAP and KTEL indicates were are in the speculative phase in this market. They are both up around 500% in an extremely short duration. The activity in IDID and LOCK (500% or more gain in two days) preceded market corrections by three weeks. I am giving this stock market a month before the bears will have their heyday. Huge moneyflows from Roth-IRA contributions is propping up this market. Once this source dries up it is the curtain call for the market. I am almost 100% long right now and I think I have a month to unload everything. I am looking for ideas to short. The internet search engine or internet service provider stocks sure look like the vehicle to accomplish my goals. But which one? I am long OZEMY because it is still undervalued in comparison to its peers. The only thing that bothers me is there hasn't been a broad participation and the duration of this rally has been a little shorter than usual. Some sectors have been still in the doldrums and usually everything has a chance to go up but that still can happen in a month.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News