Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: telebob who wrote (15868)	11/30/1998 8:21:00 PM
From: RockyBalboa	Read Replies (2) of 18691

telebob, Roger, As far as I looked around I think, the pros just shaked out shares on both sides, I noticed that in MZON BAMM BFLY and AMEN as well. Same BS in CDNW (21-39) and EGGS (22-40). So both the longs and the shorts got squeezed surrendering what they had or owed...moreover the poor longs found it somehow "difficult" to sell stocks into the opening, but why? Especially in MZON they propped it up to 29, then down to 5+ all within 15 minutes how do you call that. Finally it closed "almost" unchanged. As the correlation was that pretty close, even a diversified Internet portfolio hadn't survived that. I stayed on the sidelines with a cash portfolio and bought the dips midsession but I hate such days. C.

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