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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Roger A. Babb who wrote (18355)8/4/1999 6:52:00 PM
From: RockyBalboa  Read Replies (2) | Respond to of 18691
 
Roger, doesn't look this year's Nasdaq chart like a copy of last years. Even the dates when the last run started (mid June), crossed the recent high (begin July), the high (19/21 July) and the first 10% correction (Aug 3rd) are pretty close.

So, if the nasdaq doesn't emerge during the first August weeks, but goes "sideways" the next time, a 15% drop is possible till the end of August?

Just a thought...

is.com



To: Roger A. Babb who wrote (18355)8/4/1999 7:47:00 PM
From: Surfratiam  Read Replies (1) | Respond to of 18691
 
LAMR, I have been short for about a month with a target of 35. Do you feel that 30 is a possibility now.
Also have a short position in BWT. I feel this one will be halved easy.
Later,
Ray