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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (17208)1/26/1999 9:05:00 AM
From: Mama Bear  Read Replies (3) of 18691
 
Roger, I agree that IMON is a good short. It reminds me of the frenzy in May with CFON. Yesterday may well have been the peak, but it's wise not to bet the farm on it. Another concern is that Waterhouse told me it's on the Fed no margin list, and it has been reported that Schwab has told people the same. There were reports that trades were being bought in yesterday because of this, and that's why it was so strong. I'm surprised that the NM flag hasn't popped up on Datek.

I'll pass on going to the IMON thread. I'm amazed at the things people will believe. TRBD has halted trading pending investigation by EASDAQ for publishing materially false press releases, and has been notified by Nasdaq of an intent to be delisted. There are folks who are actually posting that the shorts should be scared because they can't cover. ?!? Any short who's lucky enough to be holding a TRBD short and that's doing anything but popping champagne shouldn't be shorting.

Barb
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