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

To: Pancho Villa who wrote (4045)	3/4/1998 7:37:00 PM
From: Kip518	Read Replies (1) \| Respond to of 18691

Pancho, I've been resisting shorting BFIT because it has been technically so strong, but today it peaked out (I know you're not a TA guy, but I've always found AIQ to be real helpful -- gave BFIT a sell signal tonight). I'm on it in the morning. I put on some MU shorts today during the silly "upgrade" rally. They should look good tomorrow. NTKI, which I shorted earlier, announced a 3.8 mil. share secondary after the close. They should also get hammered tomorrow as well. Now, if the INTC panic spreads to the internet stocks, maybe I can get XCIT to give me some of my blood back. Tomorrow looks to be exciting. Kip

To: Pancho Villa who wrote (4045)	3/4/1998 7:41:00 PM
From: CatLady	Read Replies (3) \| Respond to of 18691

When are you going to start a BFIT thread? There's been enough discussion on that one to merit it's own home, also get topic in front of some eyes who never visit this thread. Anyone buying BFIT must be betting on a turn around, I'm not sure it'll fall until that hope is dashed. CL

To: Pancho Villa who wrote (4045)	3/4/1998 7:45:00 PM
From: Bill Wexler	Read Replies (3) \| Respond to of 18691

I love this market... All the stocks that I'm long, with real earnings and real revenues (INTC, CPQ) react violently downward on bad news. All the stocks that I'm short (no revenues, massive losses) continue to skyrocket, seemingly immune to any bad news...worse than that...the nastier the news is, the more the stock goes up! I figure that the market in general will open down tomorrow as investors dump more Intel and CPQ and then there will be a strong rally in "flight to fantasy" stocks. Expect Yahoo to close up +15. I'm sure some analyst will attribute Intel's problems to the Y2K bug, and Zitel will also gap up +10. I'm pissed!!!!!!!!!