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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (17208)1/25/1999 11:51:00 PM
From: Don Westermeyer  Read Replies (1) of 18691
 
Roger, I noticed a particular looser has just started posting on the IMON thread. A sure sign of a top. I wish I was one of those IMON employees - valued at about $30 million each. I would be willing to work for them at a substantial discount to that!

I also think AMZN looks busted real good now. I think the rallies in AMZN will be short lived as the mo mo players bail on it. Better wait for 'earnings' though. :)

I saw an article suggesting AMZN is breaking down technically now. Since technicals is all AMZN ever had going for it the stock should be somewhat less volatile on the upside.

FWIW I also read an article that recommended EGRP for a short. Same old story - overvalued on i-nut hype, losses, lots of competition, etc.
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