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


To: Lazlo Pierce who wrote (6086)4/3/1998 2:53:00 PM
From: craig crawford  Read Replies (1) | Respond to of 18691
 
I was long YHOO going into this morning for a trade. Only got a 1/2 point because I wanted to jump into XCIT. That ran up immediately 2 points after I bought it and then it came down so I sold for a paltry 5/16 gain to protect profits. I don't like letting profits turn into losses too often.

Then I moved on to shorting RNWK at 37 5/8 and that looks like it's just sitting there. No real volume, just tiny little unsuspecting investors trading 100-500 shares a pop. It's nearly tripled in one month, and it is up 50% in the last few days, all I am asking for is a little pullback on a late Friday afternoon when the market can't break through 9000 on sputtering volume with a weakening internet sector that is being talked about every 5 minutes on CNBC.

Whew! Long sentence. (I know)