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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Druss who wrote (15429)11/12/1998 11:32:00 PM
From: Roger A. Babb  Read Replies (4) of 18691
 
Druss, the crazy runups, first of the big Internets like yhoo, now of the minor players, tells me that we are at another market top just like last Spring. Remember then the "game" moved from stock to stock and we followed behind shorting. Each stock had two or three days in the sun, then crash. I think we are in that same topping cycle.

Greed and herd instinct have replaced logic. And there is some chance of problems in the Middle East and higher oil prices. I am very tempted to buy oil futures..........
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