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

To: Joe Stocks who wrote (1748)1/28/1998 8:23:00 AM
From: dfloydr  Read Replies (1) | Respond to of 18691
 
To the Thread:

I have not seen it mentioned here, but looking at Yahoo\Finance\World I see that Indonesia, Korea, Malaysia, Phillipines etc... markets are now all at or near their 52 week highs. They must have had a wonderful few weeks ... and maybe all the Asian flu is being washed away with rescue money?

Floyd Russelll



To: Joe Stocks who wrote (1748)1/28/1998 8:36:00 AM
From: Dale Baker  Respond to of 18691
 
I don't follow CSCO closely. Perhaps someone else here does. In general, I wouldn't short an industry leader ahead of earnings unless you have a good sense of what they may say and what analysts expect.

From Briefing today:

Computer Networking
Brief: Cisco had a big day, jumping 2 5/8 and closing in on key resistance at 60 37/64... Break of this ceiling would target move to the 70-73 range...


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