Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Franco Battista who wrote (14508)	10/8/1998 5:17:00 PM
From: Mama Bear	Read Replies (1) of 18691

Franco, I have noted there are many folks who think that because there is an overwhelmingly bearish bias that it means the lows have been put in and we will move to new highs. I have even agreed with that sentiment in the past. However, sometimes the herd is correct to stampede. If I were in a building that were burning, I would not want to be a contrarian to the majority who have decided that it would be best to leave the building. On the other hand, a significant rally tomorrow would not surprise me. If I'm not mistaken, Friday rallies have become the norm in this market the way that Friday sell offs were the norm in the bull market. Barb

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