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


To: Tom Hua who wrote (6390)4/6/1998 9:42:00 PM
From: Druss  Read Replies (1) | Respond to of 18691
 
Tom--Very interesting information, thank you.
I just sent a private post to a friend saying I felt this was the first time I felt the market was acting nervous and twitchy. I suggested that a sure sign will be when stocks get bad news and take hits.
I will start bottom fishing when I feel the market actually takes valuation seriously again.
All the Best
Druss



To: Tom Hua who wrote (6390)4/6/1998 10:05:00 PM
From: Roger A. Babb  Respond to of 18691
 
Tom, the MOT report may just be the straw that breaks the bulls back, or maybe it will take a couple of more straws. The MOT report was really ugly, even though inflated by some special items, and next quarter was predicted to be worse. But then, earnings no longer matter in the "new market".