SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Roger's 1998 Short Picks

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Joey Two-Cents who wrote (9166)5/25/1998 7:50:00 PM
From: Pancho Villa  Read Replies (1) of 18691
 
JTC: Nice to hear from you. Still in Argentina, we also had a holiday here (25 de Mayo). The so called perfect balance provided by the Asian crisis is IMO not going to be so perfect with problems in the region dragging the world economy, at the very least, into a mild recession, it wont happen in 12 hours flat but I see it coming...

In the mean time US markets remain terribly overpriced and in a state of continuos bliss [much more intense than an earthly, Viagra induced, week long orgasm] as the fed did not touch rates. The DOW moved down a bit for the week and the NASDAQ was mildly shaken after tech stocks fell some following an irrational two month run into the stratosphere. I am sure this will provide some excellent "buy the dips" opportunities, I see some have started to accumulate DELL while Pancho, the crazy mexican, is considering to go for another round of "AOL/YHOO like short punishment" by shorting it.

Trillion dollar hedge fund manager Mr. Cramer thinks that market will remain in a trading range 8500-9500 but will continue its moon bound journey if rates happen to fall. This I call american optimism at its greatest.

Pancho
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext