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


To: Franco Battista who wrote (8657)5/12/1998 8:32:00 AM
From: Greg M.  Respond to of 18691
 
I agree with your broker, have recently gone net short, and may even up the percentage.

Greg



To: Franco Battista who wrote (8657)5/12/1998 9:26:00 AM
From: Christopher Charles Milas  Respond to of 18691
 
Yep, it looks like correction time. Pick your losers now. I've noticed that irrationality of 5-60 in under two days prevailing amongst so many stocks, which is why I jumped back into shorts after a
1 yr. hiatus. The last couple of stocks I shorted was VIAS back at $53 & ZITL at $45. Now it's ZONA at $39 & SPLN at $35. Talk about overpriced ; ) We'll probably see a lot of short term volatility as we transition to a correction. But then, your guess is as good as mine.

Happy Trading ....



To: Franco Battista who wrote (8657)5/12/1998 11:05:00 AM
From: Don Westermeyer  Respond to of 18691
 
FWIW - I've been increasing my short positions also (after covering up in late Jan).

I'm not really sure there will be much of a correction though. If profits don't pick up in Q3 there will be a big one (assuming the market's patience wears thin by then).