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Strategies & Market Trends : Roger's 1998 Short Picks

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To: JOHN CHEN who wrote (16629)1/8/1999 9:26:00 AM
From: J. Stone  Read Replies (1) of 18691
 
>>anyone shorting AMZN or YHOO is an idiot.<<

I know a guy who shorted 500 YHOO at $72 back in late Sept/early Oct.

He covered 200 shares around $275, and he is still short the remaining 300 shares.

Seeing as he also shorted CMGI, LCOS, DELL and a few others at the same time he shorted YHOO (none of which he covered until December!), this is one trader who "lost all the money he made last year and then more."

And yet, again, he remains short YHOO...

regards,

JS
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