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


To: Roger A. Babb who wrote (3607)2/25/1998 8:28:00 PM
From: sammy levy  Read Replies (4) | Respond to of 18691
 
Roger,
"I am reducing both long and short positions until I understand what is going on."

An over simplified explanation--Babybomers money.Fund mngrs have to park it somewhere,don't they?

Sammy



To: Roger A. Babb who wrote (3607)2/25/1998 9:21:00 PM
From: Kip518  Respond to of 18691
 
Negative (?) piece on CTXS
cbs.marketwatch.com



To: Roger A. Babb who wrote (3607)2/25/1998 9:38:00 PM
From: Yamakita  Read Replies (1) | Respond to of 18691
 
roger, any thoughts on the new short, CYMI? Up almost 2 today, though it was almost certainly the broad-based semi equipment sector rise that lifted it. Or was it? Are you covering that as well?



To: Roger A. Babb who wrote (3607)2/25/1998 9:43:00 PM
From: Hank  Read Replies (1) | Respond to of 18691
 
Roger,

I feel your pain. My longs were down today and my shorts were mostly up (except ZONA). When things get crazy like this, it's time to take numerous small profits when given the chance rather than wait for a home run. It doesn't feel as good but at least it's profits.

I'm sitting on the fence as to whether to stay on with my SPEH short. From a TA standpoint, it looks like it's going higher from here. If tomorrow confirms this, I will cut my loses and move on.

When the worst of the worst begin to move up in spite of themselves, it demonstrates the irrational exuberance indicative of a market top.

I said it before. I'll say it again. We are only a few weeks away from a major move back down. I feel it in my bones.

Hank