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


To: Larry McColloch who wrote (3920)3/3/1998 1:36:00 PM
From: Timoteo  Read Replies (1) | Respond to of 18691
 
Larry-I am not good at picking tops or bottoms but tend to short on fundamentals. That has proven dangerous in this roaring bull market, and I watch my liquidity closely. CTXS seemed to be classic momentum driven by false interpretation of news and fundamentals. ZITL is a terd and I considered the CFO leaving another bit of bad news. My biggest concern with TA is it is a lagging indicator and cannot take into consideration future events such as a pre-announcement of earnings, personnel or legal issues, etc. That said, the two stocks I've shorted and lost on this year YHOO and DELL probably had strong charts that said "only an idiot would short"!

Best wishes,

Timoteo