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

To: Peter V who wrote (7239)	4/17/1998 12:59:00 PM
From: fred woodall	Respond to of 18691

I'm willing to bet that 40% of those profit taking on YHOO today are already contemplating a re-entry position.

To: Peter V who wrote (7239)	4/17/1998 9:32:00 PM
From: Joey Two-Cents	Read Replies (1) \| Respond to of 18691

Just made enough to pay for those 110 April puts I bought on YHOO last week. I've covered my YHOO position but still have an open on SEEK. My feeling is that SEEK will drift lower until earnings on the 23rd announced also SEEK was up 67% for the week so IMO there's at least another 5-10 pt downside before earnings. With YHOO since their earnings were a stellar .08 there might be a "flight to quality". Congrats on your call. I sure wished I could have gotten some XCIT though. IMO the banks are the next ones to go JPM,BT & CMB especially. On that one though you're better off playing the LEAPS.