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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Joey Two-Cents who wrote (8870)5/17/1998 8:08:00 PM
From: Pancho Villa  Read Replies (4) of 18691
 
JTC: Doing fine in Argentina. From what I read the consensus is that rates stay where they are. However, IMO the earnings picture will continue to deteriorate and sooner or later the market will take notice, despite people like "know it all" Cramer, saying interest rates are the only thing driving stock prices here. Next week should prove to be an interesting one. I would be very surprised if slickster does not get into some big mess before the year is out. I did like the China deal at all. Watch out, soon the Chinese will have the capability of hitting the big apple.

Pancho
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