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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Bald Man from Mars who wrote (8024)4/29/1998 8:40:00 PM
From: Gokhan Gezmisoglu  Read Replies (2) of 18691
 
>> Do you know where I can get an insanometer ???

This is what I do. I check the Yahoo message boards. Say there
are 100 posts on a particular stock. If;

1) 50+ of them have phrases like "this rocket is going to the
moon baby!!!" this is a plus.
2) 30+ of them have people saying "I got in at 1, it is at 8
right now, I am waiting for 25", this is a plus.
3) there is an absolute lack of fundamental analysis, this is
a plus.
4) people talking about the cars/vacations they have taken on
the stock gain, this is a plus.
5) there is a one or two short sellers and they are being cursed,
this is a plus.

If I have 4 out of 5 plusses, I short the damn thing. It is very
easy to get burned though. I have hit my loss limits very quickly
in some cases. (I shorted KTEL at 18 got out at 22 in 1 hour I
think, then the "dude" ran up to 50! haha)

I also look at this thread, last week when Roger and Pancho went
long GNET, I shotgun shorted bunch of Internet dudes. Did ok on
that one. (should have covered monday morning instead of monday
afternoon but still can not complain.)

Does this help?

Gokhan
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