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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Lucky who wrote (17645)3/12/1999 11:23:00 AM
From: Kailash  Read Replies (1) of 18691
 
It's actually looking pretty nasty for inuts. Haven't seen this in a while. A "correction" in this sector is so overdue it's a joke. What would be cool is if we stop shy of 10,000 just like we did yesterday and have done so far today and get a massive drop. It will leave poor souls a sense of "imperfect enjoyment" - the climax just didn't come, the promised land remains a dream.

But 8,000? I'm looking for something more beefy - a target of 5,000 say, though it could take a year or so. I'm intrigued by the idea it could be triggered by MSFT - I do think poor results from them would really mark the end of an era.

Did you notice Orcl cited the rise of Linux as a reason for poor results? There's a big momentum going for Linux to move into the desktop area. I'd love to ditch my windows and tell myself I'm also bringing down the bully on the corner and the biggest bubble in market history to boot. May you live in exciting times.

Kailash
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