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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Joey Two-Cents who wrote (17371)2/10/1999 8:53:00 AM
From: RockyBalboa  Read Replies (1) of 18691
 
JTC

My wife has a couple of generation friends who bought AMZN at pre split 120, had their money increase 500% in a month and are still holding although it's drop 50%. They really believe in the company and are in for the long haul. That's the greed that comes with an 18 year
bull market.


That's really greed, I tend to liquitate positions over 20% a day or 70% a month.. I also rode AMZn a bit but neither 500% nor keeping it.

Japan looks scary... but first the foreign borrowers got squeezed with the yen had quite a run.. small home owners you thought they were smart when they financed their loans with yen.

C.
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