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

To: Lazlo Pierce who wrote (4788)	3/11/1998 5:29:00 PM
From: Mama Bear	Read Replies (1) \| Respond to of 18691

Hmm, it shouldn't be too long before Asensio's ride is over. My rule for a Guru is to follow them when they are undiscovered, then when they start getting massive publicity, jump off the bandwagon. I got this advice from Dr. Elders trading for a living. I think it has to do with the competition for positions that is generated by the popularity of the guru, as well as the fact that the guru's perception of reality changes along with the attention. I do believe that Asensio could achieve full guru status if the market actually would decline. after all, this thread becomes much more popular after a market decline, and less trafficked when the market is up. Of course Asensio was the first (undiscovered) guru I've had the pleasure of trading behind, so perhaps this theory is all wet. Perhaps KRY will be Asensio's downfall as the KRY longs claim. He has had an incredible run in the last year or so. Barb