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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (9278)5/27/1998 4:40:00 PM
From: Lazlo Pierce  Read Replies (2) of 18691
 
I agree Roger, but what shoulda happened, and what I was planning for, was the selloff continue all day, then this type of action happening tomorrow. Oh well, missed again. Especially Dell @ 81 1/2, SEEK @ 20 1/2, MSFT @ 83, TBR @ 99, CMGI @ 39 3/4, and LHSPF @ 45 to name a couple I was really thinking about. Also missed the opportunity to go first long then short CNTO, AFTER Joe Kernan said their new Crone's disease drug would be ruled on by the FDC tomorrow, and would likely be closed for trading tomorrow all day. This happened @ 3:40 EST, and I pulled the stock up @ 38 5/8. It ran to 43 1/4 in the next 10 minutes, and of course pulled back a few points in the last 5 minutes.
I need a break, I am no longer nimble, and am frazzled by this market now. (True Confessions :-))

Dave
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