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


To: Bill Wexler who wrote (2785)2/12/1998 7:27:00 AM
From: Hawkmoon  Read Replies (1) | Respond to of 18691
 
Bill,

For each dollar you receive from hearing "chirps from Bozos", I have two from hearing crap about how my stocks are going to zero... la dee dah..

I know that the market is a psychological battle. But you didn't provide any rationale for claiming TPRO was going to $6. You certainly didn't base it on any TA or FA equation. You just picked a target. So I was just daring you to ride out your short position all the way to $6. That's innocent enough, I think... <wink>

Actually, I admire those people who know when to go short and then cover at the appropriate technical signals. I'm frankly not that nimble.

But I certainly wouldn't short TPRO unless you saw the entire market sell off. (which from the appearance of Asia today, might just happen.)

Regards,

Ron