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

To: John Lin who wrote (6343)11/1/1997 10:39:00 AM
From: Kevin Stull  Read Replies (1) | Respond to of 9285
 
John,
RMBS has come down a lot from its highs but still has a ways to go in my view. I shorted a small position at 50 1/4. TA shows a downward trend to 45 with the market shunning the high PE stocks. RMBS has a trailing number of over 500 and projected growth of just 100% from this year to next. I will add to this if I see an uptick.....a second market correction is likely in the near term.

KS


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