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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Gokhan Gezmisoglu who wrote (8044)4/30/1998 8:07:00 AM
From: Mama Bear  Read Replies (2) of 18691
 
>>>This is what I do. I check the Yahoo message boards. Say there
are 100 posts on a particular stock.....If I have 4 out of 5 plusses, I short the damn thing.<<<

Keep your eye on the Yahoo! AVNT thread, the longs there are definitely feeling validated by the recent run up. It may soon score 4 of 5.

I do find it remarkable how when a thread moves to being close to one sided (provided there are enough separate posters to provide a valid sample) that the stock seems to almost invariably bottom or top, as the case may be. KTEL over the weekend was a great example, with nary a long to be found, the shorts counting their profits, and speculating how low into the single digits KTEL would fall, and how quickly it would happen.

Barb
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