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


To: Oeconomicus who wrote (6158)4/4/1998 3:06:00 PM
From: Pancho Villa  Respond to of 18691
 
AOL: Hell. You could not have found a better word. I hope thinks get better I am starting to think internet and nonAsia exposure stocks are the escape way for MMs. They have been burnt be switching to cash once too many times. Now they just sell stuff with Asian exposure and go for the stocks in which they do not expect earnings surprises event if the valuation is extreme. Momentum investing at its best. The only thing that will stop this is that eventually quite a few will be caught with their pants down.

Pancho