Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Pancho Villa who wrote (5363)	3/22/1998 10:10:00 PM
From: Mandinga	Respond to of 18691

Market ---> Sanity? Not any more my friend. Mandinga (under 1998 rules: Market ---> Insanity)

To: Pancho Villa who wrote (5363)	3/22/1998 10:15:00 PM
From: Lazlo Pierce	Read Replies (1) \| Respond to of 18691

Pancho, the market is up ~ 12% in Q1, many funds up over 15% (my main fund Waddell & Reed Growth (WRGRX) up over 20%!), when predictions at the end of last year were for the entire year to be between 5 - 15%. So, many funds are way ahead of the game here already. Everyone has been waiting for a pullback, but are playing chicken, thinkin that they can get out ahead of the others. Well, when the Big Flinch occurs, we may see many bailing all at once. Tomorrow will be VERY interesting, one way or the other. If we end up rallying (i.e. buying the dip here), I will capitulate entirely. Dave

To: Pancho Villa who wrote (5363)	3/22/1998 11:04:00 PM
From: Gokhan Gezmisoglu	Read Replies (2) \| Respond to of 18691

Have you ever ... i) shorted an insanely overvalued stock at $20? ii) rode the bitch to $25 in 3 days? iii) covered at $25, lost your mind and went long? iv) sold it at $40 one month later? v) watched it go all the way up to $85 in less than a year? If you have, than you will understand oil, Monica, Asian crisis will not bring this market down. Something "big" has to happen. I do not see anything that big right now. Well maybe if Greenspan says enough is enough and starts selling treasuries like there is no tomorrow and jacks up that risk free interest rate to 10% +. I started to think Greenspan is fully invested in the market too. There is only pain on the dark side these days! regards, Gokhan