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


To: Roger A. Babb who wrote (8317)12/14/1997 6:56:00 AM
From: Ob C Qwe US  Read Replies (1) | Respond to of 9285
 
Re: EFII: Here's a story I stumbled on whilst reading someone else's unrelated link:

smartmoney.com

Methinks someone(s) needs a dead cat bounce real bad to get outta this one......



To: Roger A. Babb who wrote (8317)12/14/1997 10:27:00 AM
From: Mike Farrar  Read Replies (1) | Respond to of 9285
 
CKFR and XCIT SHORTS

What do you think of Check Free and Excite as shorts?. 7828 on the
Dow is the current support level. Dow closed Friday at 7838. If
support level is broken at close Monday or Tuesday most major
securities firms will initiate strong sell programs. MU and MUEI
reports earnings after the bell Monday. If either one or both of
these companies miss their lowered earnings estimates, it could
be a hex for tech. stocks. Also, on Tuesday Japan will announce
the ruling party's economic bailout program. If not well recieved
by Japan and the world this could catastrophic for the U.S. markets.
South Korean and Indonesian turmoil do not help with the
overall Asian market confidence. Watch out if you are long next
week. Could be a very good week for the shorts.

Jeff

P.S. I made great money trading in and out of INTU puts last week



To: Roger A. Babb who wrote (8317)12/14/1997 11:02:00 AM
From: KM  Read Replies (3) | Respond to of 9285
 
Roger: I got the same email when I got into the office this morning. Sorry to be redundant. You're right, it makes me want to go out and short EFII tomorrow morning on a bounce and I will very likely do so.

Did you put EGRP on your watch list? I missed this thread most of last week but saw you had gotten interested it it.