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


To: Neil_L who wrote (8880)5/17/1998 2:29:00 PM
From: Dale Baker  Respond to of 18691
 
I shorted BAANF when this news first came out, then quickly covered. Very strong resistance at 42ish.

Maybe someone can explain why the high-flying software stocks won't roll over and die - BAANF, ITWO, MANU, SEBL. I can only guess the institutions are in them big time and aren't ready to bail yet. When they do, look out.

But like the search engines, don't be too hasty.