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


To: Pancho Villa who wrote (4359)3/7/1998 1:07:00 PM
From: McNabb Brothers  Read Replies (3) | Respond to of 18691
 
Pancho,

Another interesting fact is that the unemployment rate was the lowest in 34 years and if you remember, that is if one is old enough or just by studing past history, he or she will know that 1973 was not a very good time to be long the stock market! Like I said before I may be a fool to raise cash and sell covered calls on most all my long core holdings, but I will bet that I'm not going to be the greater fool out there! They say there is a greater fool buying as long as something is going up, but not this fool, as I feel since I'm still short AOL, DELL, YHOO, and AMZN!

Hank