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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Bob Trocchi who wrote (16596)1/6/1999 2:46:00 PM
From: larry   of 18691
 
Bob,

Agree that we will see 10k and 2500 first. Nasdaq is currently haveing PE about 100. But that does not matter since the demand for stock is strong. The buying frenzy reminds me of the blowoff top of Nikkie a decade ago. However, the US economy is in better shape than the Japanese economy at that time, by a wide margin.

I have nothing against short sellers. But it looks to me that correct reading of market sentiment is the only KEY to make money.

larry!
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