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Strategies & Market Trends : Roger's 1998 Short Picks

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To: craig crawford who wrote (12040)7/27/1998 12:46:00 PM
From: jeff nightbyrd  Read Replies (1) of 18691
 
Craig,

I think your theory of shorting on up days is generally good. However I've lost a ton buying Puts on internet stock rallies thinking they would adjust downward the next day. Of course they just kept going up.

The internet stocks have behaved like a different beast. That's why I'm looking for the momentum shift which just may have begun?

good trading,

jeff
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