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

To: craig crawford who wrote (7004)	4/15/1998 12:05:00 AM
From: Gotham Guru	Respond to of 18691

I hate to say it but JMHO... there will be no crash or major correction until a combination of the followin : 1) rise in interest rates and ergo inflation 2) rise in unemployment--no excess cash to put into market 3) shorts get wiped out and have no money to re-short thereby not creating more squeezes 4) longs get wiped out following shorts not being squeezed due to being wiped out - longs sell in panic but fewer buyers aka shorts covering thereby speeding up price drops 5) this is probably wrong since the market will blow through 10000 up to 15000 so just go long:) Instigator ps dont criticize longs when all shorts are putting all there $ into shorting as prices just get higher and more overvalued-I covered many of my shorts but when I short now I will buy short term insurance aka call to cover my ass--sorry for longwindedness

To: craig crawford who wrote (7004)	4/15/1998 1:09:00 AM
From: Druss	Read Replies (1) \| Respond to of 18691

Craig--I have to agree with you on KTEL Now that the internet rage is injected into the stock it is very dangerous. People have come to expect horrific runs from the internets. Even if you view it just as a stock near the top, the float becomes a wild card that may be played against you. All the Best Druss

To: craig crawford who wrote (7004)	4/15/1998 7:24:00 AM
From: Mama Bear	Read Replies (2) \| Respond to of 18691

Funny thing craig, as I woke up I decided to skip shorting KTEL, considering the float being what it is, the fact that the company is profitable, and the current Internet mania. As I was thinking of all the reasons to short it I realized they were all the same reasons to short Yahoo! and Amazon.com! in the 40s. I will stay away from that siren song. ENML broke down badly yesterday, printing lower than 9 3/4, which was the lowest print since the price ramped up to 27ish. A couple of SEC filings evidently got investors nervous. Barb