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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (14024)9/24/1998 9:59:00 AM
From: Michael Bidder  Read Replies (1) of 18691
 
Roger,

timing is very difficult with bubble stocks

So if I get in for a 1,000 shares at $80 and it goes to $120 I lose $40,000 on paper.

Given that the net is growing exponentially my paper losses could be for a long long time.

Why bother, I'm interested in your thought processes. Do you feel crash is immenent?

Michael Bidder
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