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Strategies & Market Trends : Roger's 1998 Short Picks
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To: space cadet who wrote (13641)9/11/1998 4:12:00 PM
From: space cadet  Read Replies (1) of 18691
 
I just saw Jerry Favors on cnbc. IMO he is the main man. His predictions have been incredibly accurate for the past several months that I have been following them. He thinks there will be a rally next week to 8100 or higher, followed by a really steep decline well past 7400. So I'm holding off loading up on any more puts until next week's possible rally. His prediction sounds reasonable to me. Starr's report looks like a nonevent: no smoking gun (or cigar:~) found there. I think when people give it the once over they are going to be very disappointed, all that time and money and media coverage and Starr couldn't find hardly anything. I don't know what Clinton will do but if he wants to fight it out I suspect he'll make it. Personally I hate the guy and am on the opposite side of him on practically every issue, but the Republicans apparently couldn't dig up any real dirt on him. Which surprises me, I thought the guy would have all sorts of skeleton's in his closet. However, I think the rest of the world will still provide plenty of ammo and I agree that Oct looks like put time. Glad to hear that Jerry Favors thinks so also. I probably should start subscribing to his service. So next week should be shorting/putting time. Let's see what other candidates look tempting besides lgto. elnk looks vulnerable as well. Any other lead balloons?
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