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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Dale Baker who wrote (9192)5/26/1998 2:06:00 PM
From: Timoteo  Read Replies (1) of 18691
 
Dale-I shorted AMZN (finally able to get shares) this morning @ 86. My only short other than a huge ZITL position. I think the trend is wearing on the longs now much the same way it wore on us shorts. I think the market will continue to correct down to Dow 8600 or so over the next few weeks and then earnings warnings will increase. This said, I am almost fully invested long, but most of my positions are long term or value plays.

Best Wishes,
Timoteo
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