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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: vegetarian who wrote (6019)10/22/1997 3:26:00 PM
From: vegetarian  Respond to of 9285
 
Got me some SEG Nov 30 puts, looks promising.



To: vegetarian who wrote (6019)10/22/1997 3:55:00 PM
From: Graeme Smith  Respond to of 9285
 
I don't think the buying is likely to dry up. This is to much of a momentum stock. I expect a lot of small investors to buy more once the downturn happens. When a stock goes up this fast its holders believe that it will go up for ever. "Just ignore valuations...". If it drops by 20% they look at it and think it's a bit of a bargain. Buy more.

Graeme


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