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

To: tcarnes who wrote (2840)	2/12/1998 6:31:00 PM
From: Pancho Villa	Read Replies (2) \| Respond to of 18691

TJ and All: I can't help it but I continue to sell longs. Today I sold a small amount of CUBE left at 22 (ugly sotry behind it this small chunk I slod at a lost, I had bought it at around 36 some time early 97. The more substantial portion which I sold last fall at around 23 I bought in the 17-18 range). Sold DT at 19, got scared about sell rating by SP, bought couple of times in the 17-18 range last fall. Also, sold my DAI at 72 (Damlier Benz), unfortunately at a lost, bought at around 78 last Fall but IMO the Asian crisis will hit them hard. They love these cars in Asia. Also, liquidated my New Millenium Fund positoion in my 403b account. Kind of drastic for someone who never timed the market but this market is very scary. Rather get the 5% in cash even if I miss the opportunity of getting the 30% some people believe the market will return in 98. Pancho PS: didn't cover any shorts. Nice to see WDRY starting to break down....