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Strategies & Market Trends : Roger's 1998 Short Picks

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To: blast_investor who wrote (17098)1/19/1999 8:46:00 PM
From: Roger A. Babb  Read Replies (3) of 18691
 
Henry, it is usually a very bullish sign for the market to be up big on the Friday before a long weekend as it was last week. MSFT and others have good news. No one seems to care about Brazil problems. Mergers going on. Nothing companies leaping from nowhere to big market caps on sheer speculation. The bull is still very much alive. Not a good time to be taking large short positions, but also dangerous to be long such over valued stocks.

The Clinton speech and Greenspan are both likely to be positive. Putting SS funds into stocks is certainly bullish.
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