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

To: John Sloan who wrote (6185)10/28/1997 2:20:00 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 9285
 
John, I did cover both lcos and yhoo at 20 and 36 respectively and reshorted at 26 3/4 and 45 respectively. I don't know about amzn and aol specifically, but I think we'll retest some lows before going significanly higher. I think people will rethink some of the high PE internet related stocks... at least I hope. IMO today's large bounce in these stocks could be attributable to short covering.

Jim



To: John Sloan who wrote (6185)10/28/1997 2:33:00 PM
From: Roger A. Babb  Read Replies (4) | Respond to of 9285
 
John, both amzn and aol seem too dangerous to short unless you think the market will continue its crash. Strong possibility the market is turning back up and will carry these two back to their highs.


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