Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: dumbmoney who wrote (15191)	11/9/1998 2:02:00 PM
From: Bill Wexler	Read Replies (1) of 18691

You have to understand that the guy is a trader...he could change his mind several times a day regarding a particular stock or the market temperature. He is absolutely correct in his analysis of the LTCM debacle, the reasons for the last Fed ease, and why the market will continue higher as a result. Note that when the market was sinking (he called the tape "revolting"), he wrote a piece on what it would take to turn the market around, a piece which turned out to be remarkably prescient. Of course, I also pointed out that his angry and pessimistic mood at the time (read the Sep. - Oct. posts on my thread) was probably a great contrarian indicator!!

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