Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Joey Two-Cents who wrote (15693)	11/23/1998 6:36:00 PM
From: space cadet	Read Replies (1) of 18691

Joey, it's been a while since I've seen you around. You were amazingly accurate over the summer till Oct. I thought you got out of all your leap puts, no? Smart move buying all that time because you can still pray that eventually these stocks will return to whence they came. If you are putting the banks then good luck because I think they want to make new all time highs in the next few weeks or months. I think the asia/third world crisis is history. It will linger like the remnant of some nasty disease but it has clearly lost its bite and its ability to infect or scare anybody. Unless there is some new problem coming soon, I think the banks the hi-techs the drugs and probably the small caps all make new highs and then go higher. Maybe a two week correction after Turkey day and then it's up up and away. But what do you think? I hope you don't say the asian contagion again because that definitely won't scare the market anymore, even if it's "real". Playing the gold or oil sectors here? Oil services looks dirt cheap here. It's the only value I see left.

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