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


To: Bald Man from Mars who wrote (6230)4/6/1998 12:15:00 PM
From: Pancho Villa  Read Replies (2) | Respond to of 18691
 
Hi Baldy, since I always tell you when I am having my butt kicked, I will tell you now things are going the other way around: up over 2%...I Wonder how many minutes this will last...

Pancho

PS: AOL down almost 3. But no one is rushing to sell. I wonder what would happen if the MMs ever sell.



To: Bald Man from Mars who wrote (6230)4/6/1998 12:20:00 PM
From: Pancho Villa  Read Replies (2) | Respond to of 18691
 
Some random thinking (most likely wrong!): I wonder if the market is finally realizing things are going to far... The CCI TRV merger may be the one indicator of things getting out of hand. Any one reading CCI's latest 10K has to be out of its mind to merge with them at this point. Brokerage house valuations and profits going through the roof has typically signaled not only a market top, but a top that is followed by a significant correction.

pancho