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

To: Bill Wexler who wrote (8476)	12/16/1997 8:15:00 PM
From: Carl H. Gotsch	Read Replies (1) \| Respond to of 9285

Bill, Would you accept the following addition (in parentheses)? <I think that in the future...I'm going to throw more (short) money at the ZONAs, TRBOs,ZITLs and AVNTs and whenever I see a tempting momentum stock, I'll either buy a few puts or just wait on the sidelines until more information becomes available.> (If I can't resist, I will at least set tight stop losses so that the damage will be minimized!) Not only was I too early, but I was to slow to recognize that the trade was going against me, and that I needed to get out. As Roger has pointed out somewhere, the "adding incrementally" technique does not mean that one can forget about the possibility of an oncoming train! We'll do better in 1998. Regards, Carl