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Strategies & Market Trends : Roger's 1998 Short Picks

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To: RockyBalboa who wrote (16151)12/16/1998 6:15:00 PM
From: Michael Berkel  Read Replies (1) of 18691
 
To ALL: Military actions, impeachment, devaluation in Brazil..guys this doesn't sound too encouraging for the Market right now. A lot of uncertainties means the right time to short. I shorted CL (because it has a hell of a lot of exposure towards LatAm and more specifically Brazil) and UK, because this is a sector where they are specialized in losing money.
Love to hear your other short suggestions for 1999, and please Roger forget about the Internuts this time.. They may be the only winners in the next year.
It's riskier to buy KO nowadays than to go long AOL or MSFT.
There is a booming Industry called the Internet out there and a handful of Blue Chips which are beginning to look bleaker by the day.
Happy trading!
Michael B.
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