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

To: Ploni who wrote (9205)12/31/1997 9:30:00 PM
From: Roger A. Babb  Respond to of 9285
 
Charles, I too started shorting yhoo at $57 but have averaged the position up, my average short price is now $66. I think that a lot of the high fliers will tank early in the new year as longs no longer have tax reasons to hold off profit taking, shorts were taking losses this week pushing them up. By the same token, some depressed stocks where shorts delayed taking profits may pop up (ZITL comes to mind)


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