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

To: Ploni who wrote (9242)	5/27/1998 12:00:00 PM
From: Dale Baker	Read Replies (1) \| Respond to of 18691

The Russian mafia probably has them already. Wish I had shorted TRF yesterday, to hell with the dividend (only .09). Shorted SPY today instead, waiting to see if the market really caves.

To: Ploni who wrote (9242)	5/27/1998 12:18:00 PM
From: Joey Two-Cents	Respond to of 18691

Charles, Russia is loaded with natural resources and I anticpate a dumping of paladium, platnium, diamonds, gold and other resources to raise hard currency. Russia has a 400 year history of being ruled by dictators and after Boris goes (even though I think he's a dictator) Russia will revert back to its old way. Wouldn't be suprised to see them collapse this year or next. Also, with them sitting on the border of Europe I wouldn't be surprised to see major selloffs for the next couple of weeks on the European exchanges. Last year I was looking at the Lexington Troika fund in January a $ 11 but didn't act because I felt it was too risky. It went up to $ 26 in 3 months. Articles were written about Russia being a good investment and Soros was there etc. Well a year later and Russia is imploding and Troika is below $ 9. Although I missed out on the run, my gut feelings saved me alot of heartache and $'s.