Roger's 1998 Short Picks Message Board

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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 9:37:00 PM
From: McNabb Brothers	Read Replies (1) of 18691

Henry, I've been very bullish for some time now on the big caps and the blue chips and have recently turned negative on the internets. My feeling are still the same tonight and tomorrow will be another great day. When the market bounces back from over 100 points losses during the day as it has on a number of days recently, it means the sellers are being taking care of and what few sellers there are and they get finished, the money on the sidelines continues to flow into the market and it has no place to go but up. Sure Brazil is in deep trouble, Russia is, the Asian region is still in trouble, everywhere you look one can find bad news or so it seems. Remember the market likes to climb a wall of worry, and when all the news gets rosey that is when I will turn bearish. Hank P.S.-On top of all the bad news the old man Granville has turned a big time bear on the market, Tells me I will stay long!

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