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

To: craig crawford who wrote (2902)	2/14/1998 7:30:00 AM
From: Gary R. Owens	Respond to of 18691

Craig, You're not kidding. I posted on another thread about how a gentleman I know is going to put all his stock $$ in MSFT. He says he's not kidding around anymore and wants to "go for it". Although I am not really qualified as an investment counsellor, I kept asking him to consider where we are in this market and how much upside is left. Does anyone have experience on how penny stocks hold up during a general market decline? I hold a telecommunications stock that I think has a real bright future but is planning an IPO of a subsidiary. I'm concerned that if this doesn't happen soon it will be bad. As for short related stuff: I'm feeling much pain in my Feb Puts - AOL, LCOS, AMZN are the worst. My pick of the week: CCI just went over the top, stochastics in the 90's and look about ready to sink. I recommend this site cbs.marketwatch.com for checking out stock graphs with technical indicators. gary