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


To: Pancho Villa who wrote (6273)4/6/1998 12:23:00 PM
From: Alias Shrugged  Read Replies (2) | Respond to of 18691
 
Pancho

Sold short 200 shares (at 142.5) of CCI last week. Good timing, eh?

Anyway, this morning I shorted another 200 at 168. We'll see who wants to cash in at the end of the day.

I bet we don't close above 9,000 today. Financials are hiding weakness in other stocks. Although, I guess part of this weakness is to be expected. All of the SP500 Index funds had to sell lots of other stock to be able to load up on CCI and Traveler's (and other finacials) so as to re-balance the market caps.

For a small fee, I could run a contrarian advisory service - you would simply buy what I short and sell what I buy - profits could be huge (for you!!)

Take Care

Mike