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

To: Pancho Villa who wrote (4574)	3/9/1998 8:03:00 PM
From: Druss	Read Replies (2) \| Respond to of 18691

Pancho--I am currently short only HEPH. It actually dipped 1/4 and unique move for a short these days. I considered hitting AMZN and didn't, the internet sector is still to fierce IMHO. I did avoid todays runup. I think AMZN may crest 100. I am a little surprised this wasn't mentioned here: biz.yahoo.com I remember when shareholder law suits were considered bad and would severely impact a stock. ZONA went up 1/8 today. My sympathies to those who are getting hurt in the current mania. For what is it worth the pattern is very classic. Shorts initiate positions too soon. The problem is exactly as some of the mocking longs have stated, they are canny and market savvy. They therefore read a stock as way overvalued or a company as being in trouble long before the general market does. In a manic overblown market such as this one shorts not only have to wait they have to cover or eat big paper losses. All the Best Druss