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Strategies & Market Trends : Roger's 1998 Short Picks

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To: craig crawford who wrote (13814)9/17/1998 12:31:00 AM
From: Oeconomicus  Read Replies (1) of 18691
 
Craig, do ya' think anyone will notice that the Nikkei is back below 14000? Oh, wait - the internut longs must have seen it coming and rushed for the shelter (no Asia exposure, you know) of AMZN, YHOO, XCIT, etc. all at precisely 11:30 this morning.

Actually, this was almost enough to make one paranoid - either that or go and get a job investigating MM trading practices for the SEC. Interestingly, AOL, the only NYSE stock among the internuts, rallied later and with a more gradual pick up in volume.

Oh, well. Tomorrow is another day. I guess the trend is only your friend until Morgan Stanley makes her a better offer. I wonder if the SEC is hiring...

Bob
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