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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Peter Yang who wrote (13555)9/9/1998 6:05:00 AM
From: virgil vancleave  Read Replies (2) of 18691
 
Looks like overseas market went/ are going the wrong direction and yesterdays move was in fact a short covering bear trap. Glad that I still own them puts. Yesterday hurt, but there were a few that did not participate.

be interesting to see what today brings. Very well could give all of yesterdays gains back since it falls much quicker than it goes up.

I still like pixr. Overvalued and in a nice downtrend if you look at a chart. The tape tells the story as valuation just doesn't seem to matter anymore.

good luck
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