Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (12607)	8/11/1998 9:10:00 PM
From: Phil(bullrider)	Read Replies (2) of 18691

Roger, With all due respect, even though I agree that the "internuts" are due for a major correction, I don't believe they will trade "with the market". I recently predicted they would take a larger correction than the rest of the market, and for the most part, I was wrong. They are due for a major correction, but to predict when it will come is like predicting when the next earthquake will hit CA. Like 1_D_T predicting the fall of the stock he was hyping, no one truly knows where the market is going in the next few weeks. What will determine the trend is the 401k money. If the 401k people don't panic and pull money out of the market, we don't have a problem. Bottom line, IMHO. Phil

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