Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: larry who wrote (16616)	1/6/1999 6:33:00 PM
From: Wowzer	Read Replies (1) of 18691

True, but the first part of Oct. the market was at the height of pessimism where almost any event was viewed as a selling opportunity. Then earnings came in, which weren't so bad, or at least the market thought the bad news was behind them. Therefore the market shot up and never looked back. This time expectations are much much higher than they were last qtr, and no matter how good the news is, I just don't think it will be good enough. Especially for the techs which are supposed to have revenues earnings etc. I think the next month will be interesting to say the least. Good Luck, Rory

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