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Strategies & Market Trends : 50% Gains Investing

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To: Skeeter Bug who wrote (775)	4/23/1998 7:39:00 AM
From: Dale Baker	Read Replies (1) of 118717

Last year, Briefing was warning about a correction in April before the indexes took a dive. But I think it will take an interest rate rise again to set off the landslide. If the FOMC raises rates on May 19, this bubble will really blow. The last few weeks have taught me how much I still DON'T know about being a successful position trader. Wins and losses are running even. OTOH, last year I was down a bit in April and had a good run later. Still 7 months to go. I'm looking at possible shorts today - LCOS, XCIT, GNET, CDNW, CNWK in the Internet sector and HCOM, SEVL, TSCN and MARG in the recent high fliers. Any thoughts?

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