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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Bald Man from Mars who wrote (9354)5/29/1998 5:07:00 PM
From: larry  Read Replies (2) of 18691
 
BMFM,

Sorry for losing 25% in the past month. Can you tell me how you lost money--by long or short?

I am currently heavily invested in defensive issues (MO, RN etc), grabbing dividends and premiums by writing covered calls. My portfolio was up a mere 20% the past month and I will be glad for a 10% gain for June (I expect the tech issues having another 5% correction).

I expect that the bulls take full charge since late June. We should see market making new highs in August.

good luck,
larry!
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