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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Kailash who wrote (7502)4/21/1998 4:50:00 PM
From: Roger A. Babb  Read Replies (2) of 18691
 
Kailesh, short suggestions

Looks like the market has entered into a "gaming" phase where it will take turns pushing selected stocks to unexpected heights. Witness LEAP, HCOM, MARG of the past few days. The short play is to call the top (anywhere near the top) and short. Avoid the big stocks for now and stay liquid to play these "quick hitters". If you identify one of these spikes early enough, go long first, then box with a short when it gets high, and dump the long when it turns down.

Roger
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