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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Doug Fir who wrote (14506)10/8/1998 1:24:00 PM
From: Franco Battista  Read Replies (3) of 18691
 
It would seem that market sentiment has finally changed to negative. Even the analysts are stepping over each other making dire predictions- this of course after the fact! We are in the second phase of the bear market- selling is still orderly. Margins have started to be called and some die-hard bulls are starting to experience fear for the first time. The next phase will be ugly- PANIC SELLING. Wonder what news item will provoke that.
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