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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Blacksmith who wrote (12034)7/27/1998 11:51:00 AM
From: jeff nightbyrd  Read Replies (1) of 18691
 
I bought Puts on several internet stocks on Friday - but cautiously.

Is this the time to jump in and and short a handful? I've been early many times before. Bought Puts on AOL and the outrageous, outlandish, extreme price of 60 many eons ago. That demonstrates my incredible sense of timing.

But once again I'm very tempted. It seems sentiment has changed, reality sets in, and perhaps the tide has turned. Anybody share my idea of the current situation.

I particularly like Amzn, Yhoo, and Seek to short. AOL scares me because it has a real monthly revenue stream and seem like it could erode more slowly.

I assume when these stocks go down they will crash quickly.

Other opinions?

good trading,

jeff
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