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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Roger A. Babb who wrote (16525)1/4/1999 10:39:00 AM
From: clochard  Read Replies (1) of 18691
 
Roger, I just want to say that I think shorting stocks in general
is a bad strategy not on its face but because of the bear trapping
strategies of the other players and the casino like atmosphere of
the momentum market. Everybody is in the market long term today
and only if the market itself tanks will the obviously overvalued
stocks tank. Therefore, since one has to look for the movement
of the market itself, right now I would short SPY or use options
(but not the expensive options on the S&P).
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