Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Pancho Villa who wrote (8203)	5/3/1998 8:29:00 AM
From: Kip518	Read Replies (1) of 18691

Pancho, check out Marc Faber's column in Forbes. Like Fleck, he's been bearish a long time, but another caution on buying the dips. forbes.com Peter Elides (for those with access to Barron's) provides technical analyses of what he calls "the return of the sign of the bear" (a month long period of churning with up stocks making little headway against down stocks -- apparently fairly rare). interactive.wsj.com Some on the net this weekend suggest that the April 17th Dow high of 9167.50 is likely the market peak with a big selloff commencing this week (should know by Monday or Tuesday). Unfortunately, I'm off to Yurp for the week and will miss the fun if it proves true. Bon chance, Kip

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