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

To: Roger A. Babb who wrote (6236)	4/5/1998 9:46:00 PM
From: Oeconomicus	Respond to of 18691

Good point Roger. The same thing happened when he talked about the delicate balance of Asia slowing things just enough to keep inflation in check, but not enough to put us in a recession. Everyone read it as a prediction, but it was more likely a warning. Bob

To: Roger A. Babb who wrote (6236)	4/5/1998 9:48:00 PM
From: Joey Two-Cents	Respond to of 18691

I laugh at insiders selling their shares only to see their stocks rise 20-30% in 3 months check out BBY and EGGS insiders started to cash out in January, only if they waited. You would think logic dictates but not in this case. This market reminds me of RE market of the 80's Fortune Magazine had an article on housing. In 1987 NY average price for a 4 BR cape was 300K they predicted $ 800K by 1997. 11 years later that house is $ 225K and only in the last 2 years has it gone up. If wages rise 2% and prices rise 2% and commodities drop 2% and the market has gone up 200% in 4 years you've got to ask what's wrong with this picture.