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


To: Bald Man from Mars who wrote (7130)4/16/1998 12:40:00 PM
From: Market Tracker  Read Replies (1) | Respond to of 18691
 
BMfM - Not long CD, just watching (and learning). If this report proves to be correct, a slew of lawsuits should begin to be filed any day now.

MT



To: Bald Man from Mars who wrote (7130)4/16/1998 12:49:00 PM
From: hal jordan  Read Replies (1) | Respond to of 18691
 
I'm now buying May puts on all these suckers like crazy. I spoke to my stockbroker, a very experienced gentleman who has been in the business for 40 years. He has never, ever seen anything like this. He says we are in the parabolic euphoria stage. He is short YHOO, AMZN and others. I asked him if this could continue another six months. He does not know that this will continue for six more hours.

People will be screaming in the streets when this bloodbath starts. I will be laughing all the way to the bank with puts. I sure hope XCIT has trashed earnings. Either way, I now do not believe this can continue until the 3rd week of May. Get your low priced puts while they are cheap! I'm buying at least 20 under the current price. Get more that way.

Hal