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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Roger A. Babb who wrote (15468)11/13/1998 1:43:00 PM
From: larry  Read Replies (1) of 18691
 
Roger,

After two great days of shorting DELL, let's talk about the chance of a Fed rate cut next Tuesday.

What's your take on the rate cut issue? I vote no cut. But if AG worries that no cut = 500-1000 point drop in DOW, he might cut. But if he does cut, the market will shoot straight up to 9500. And next time he will have no power in boosting the market when the free fall comes.

BTW, I still believe that DELL is a safer shorts than most of the internet stocks. Shit, the DELL trading pattern is as clear as a crystal ball.

good luck,
larry!

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