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

To: sammy levy who wrote (849)	1/17/1998 4:25:00 AM
From: Dale Baker	Read Replies (2) \| Respond to of 18691

CDRD - Since there has been no news I can only offer a WAG instead of an allegedly expert viewpoint. What we know: no news of any sort since the decline to 12 and the turnaround. What I suspect: overall turnaround in small caps combined with shorts like me taking profits plus a momentum shift which encouraged more of the MANY shorts here to cover. What I'd like to know but never will: how much of the last drop was part of the offshore convertible holders dumping. I doubt they have dumped everything yet. I need to read the Yahoo thread (where all the real nonsense resides, just like ZITL) and run some TA. I'll post anything I pick up or deduce from that. I'm waiting to short again until the chart turns down or the overall market tanks. Should be good down to at least 10 next time.