Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Bill Wexler who wrote (15282)	11/10/1998 8:35:00 PM
From: Roger A. Babb	Read Replies (1) of 18691

Bill, if those suicide posts were on SI we could quickly get help to them, but I don't know about on yahoo. Very scary. I lost enough money on YHOO today that would worry many folks. But in this market if you are not able to lose virtually all of an investment and sleep at night then you should not be playing the game. And it is now a game, these Internet stocks are too high by a factor of 10. Fortunately I have been unable to find short shares on EBAY. The worst scenario for me is that YHOO crashes tomorrow without me being able to get the "covered half" of my short back in or that YHOO becomes unshortable. Looks like I may have called the exact top with my cover. My guess is that all the Internets will open lower tomorrow and not look back as they crash dive. Today looked like a blowoff and when it partially drove out a "strong short" like me, most others must have already covered and the squeeze is over.

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