Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: TATRADER who wrote (464)	1/8/1998 9:59:00 PM
From: Timoteo	Respond to of 18691

The Pied Piper of Hamlet analogy is a good one. I like the lemmings over the cliff myself. I am convinced that the vast majority of traders, market makers and money managers are either too lazy or too inept to do their own research and analysis. I get perverse satisfaction from shorting a stock with a strong buy rating from 5 or 6 major brokerage houses only to have it announce bad news and see it drop 30% (followed of course by analyst downgrades). Consequently the herd mentality rules. The herd is far more restless now than this summer. I doubt the next 300 or 400 point dow drop will be followed by a quick recovery. I do think we'll see money cycle into the small caps if the overall market flattens out. Fund managers do feel pressure right now to find a decent return, which is why so many are willing to chase stocks like YHOO and AOL regardless of fundamentals or logic. I'd also like to thank you for your TA contributions. There are some excellent minds on this thread and many people have profited (even in this bull market) from the collective wisdom here. Timoteo