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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (16254)12/21/1998 5:58:00 AM
From: RockyBalboa   of 18691
 
I'm pondering three short picks for 1999 so far

-NSOL (now $121, target $40)
-TMX (now $48, target $28)
-QTRN (now $48, target $20)

Sure while amidst a bull market, shorts are more treated as moving trading shorts and static price targets are difficult to estimate.

Longs: Depending on interest rate developments, credit spread movements and any positive surprise on consumer credit quality, beaten down specialty financiers and mortgate vendors may get a thrift. Sure, a darn risky play when companies risk the loss of the entire book meanwhile.

C.
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