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

To: Don Westermeyer who wrote (2861)	2/12/1998 7:15:00 PM
From: Pancho Villa	Respond to of 18691

Don and ALL >>Well, YHOO was SUPPOSE to be free money, not all things are easy....<< Don, making money without real work is mighty hard that is why you just get rewarded for the amount of risk you take. However, frequent traders who buy high sell low don't even get rewarded for the risk they get, they get punished. Actually, do you know where most money managers make excess returns? i.e., above the risk their take? On management fees they get paid Bery Bery Bery well, in most cases regardless of performance. I don't think I will get to 100% cash (and all my shorts!) unless this market continues this crazy. Here is a list of the longs I still hold: COMS huge position (started accumulating in way down from 47 ouch!), IBI (from 17-18, large position), HMC (from around 48), TOYOY (from mid 55's, large position), QKTN (from 13 and lower), CREE (from 11), WCOM, (from 19), AXNT (firewall provider merged with RAPT), CNTO (large position), GMED, NEO (small positions), KMAG, MCTH, WSHI (medium size positions), PLSIA (medium size), UMG (medium size). Pancho