Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (15434)	11/13/1998 12:56:00 AM
From: Druss	Read Replies (2) of 18691

Roger--I made the mistake of shorting KTEL during its first run up. Never lost so much money so fast in my life. I swore off internets then. I did start shorting them again after the gloss seemed to be off of them. I left YHOO, AMZN, and the like alone and did well. Now the sector has gone crazy again and I am out, this time without getting KTELed. I agree we are in a topping cycle, this sort of nuttiness can't continue for long, certainly not for the whole sector. We may however see the sector cool off like it did before while the stars like YHOO, AOL, and AMZN stay up for a while longer. It will be a truly interesting day when they break. You may be correct about the oils. I haven't done too much study on them, just not enough time. I did think a couple of months ago they might be a good contrary play to go long on. Discussed it a bit with some friends in the market but never got to it. All the Best Druss Currently I am short GERN and look to get another hit in if the 48 Hours program tonight sends it significantly higher.

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