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


To: Peter V who wrote (4018)3/4/1998 5:27:00 PM
From: Don Westermeyer  Read Replies (1) | Respond to of 18691
 
Boy was shorting INTC ever a good call! Congrats Pancho!

INTC down to $77 in after hours. Futures are all down big also. All shorts should make some money tomorrow!

Of course as the market junks INTC, they will be buying AMZN and YHOO on the dips. Sigh....



To: Peter V who wrote (4018)3/4/1998 5:28:00 PM
From: Pancho Villa  Respond to of 18691
 
Peter: I have not shorted INTC yet. I did consider it a good idea and but I already have a net short exposure of over 50%. In checking AOL, it is down to 113 in the pacific exchange. Is this general? the start of the correction? If it is, I am going to cash in big time! I usually go against the crowd for the last 3-4 weeks all I have done is sell, sell, sell... My only long was OXHP at 17+ and dumped in three days at 19+, of course only to see it go to 21, but look at where it is now.

Pancho