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


To: Pancho Villa who wrote (6954)4/14/1998 4:08:00 PM
From: Dale Baker  Read Replies (1) | Respond to of 18691
 
FWIW - non-Internet shorts which moved our way today: PRST and WAND. My only short holdings at the moment.

With AMZN, unless I open a DATEK account, I don't think I will ever get shares to short, and the puts cost too damn much.



To: Pancho Villa who wrote (6954)4/14/1998 4:11:00 PM
From: Bald Man from Mars  Read Replies (1) | Respond to of 18691
 
<<The end of what? the market rise or my networth?:-)>>

The stampede of the bulls have not dampen your humor,
we are within a couple hundred of points from the top,
The internet studs are again up strongly, so what else
is new ???

Amazon closed at 97 ...
Good sign that it could not pass 100 ...



To: Pancho Villa who wrote (6954)4/14/1998 5:17:00 PM
From: FIFO_kid2  Read Replies (3) | Respond to of 18691
 
To all involved: I have an excellent indicator that predicted the correction in late May 1996 and October 1997 and worked both times. My speculative indicator was triggered yesterday and again today. The trading activity in LEAP and KTEL indicates were are in the speculative phase in this market. They are both up around 500% in an extremely short duration. The activity in IDID and LOCK (500% or more gain in two days) preceded market corrections by three weeks. I am giving this stock market a month before the bears will have their heyday. Huge moneyflows from Roth-IRA contributions is propping up this market. Once this source dries up it is the curtain call for the market. I am almost 100% long right now and I think I have a month to unload everything. I am looking for ideas to short. The internet search engine or internet service provider stocks sure look like the vehicle to accomplish my goals. But which one? I am long OZEMY because it is still undervalued in comparison to its peers. The only thing that bothers me is there hasn't been a broad participation and the duration of this rally has been a little shorter than usual. Some sectors have been still in the doldrums and usually everything has a chance to go up but that still can happen in a month.