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

To: Lazlo Pierce who wrote (7041)	4/15/1998 1:46:00 PM
From: Bald Man from Mars	Respond to of 18691

<<At these levels, if they're pondering a purchase, she figures maybe they'd probably do just as well at the slots. >> Buying at this level are those who subscribed to the greater fool theory, which works well as long as you are not the last one in, and when this internet studs go down, it is not in an orderly fashion of 1/4 points at a time. If one reports disappointing earnings or revenues or whatever, tomorrow it is going to open gap down 30%, and you are stuck ... I wish the internet stocks continue to go higher, it will just make shorting/put buying less risky ...