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


To: Roger A. Babb who wrote (9278)5/27/1998 4:27:00 PM
From: space cadet  Read Replies (2) | Respond to of 18691
 
I agree. Today looks like a turnaround day. The correction may be over. I pray that it isn't, because despite the fact that I had the cash I didn't buy the dip for some unexplainable reason. The correction is clearly drawing to an end but I just hope that I get one more chance to buy in at these great prices. The shorts have been in control for the last month and now it is the longs time. The key is definitely msft. There won't be a recovery if msft doesn't lead it. Hopefully those morons in the Clinton justice department will issue one more absurd threat against msft.



To: Roger A. Babb who wrote (9278)5/27/1998 4:40:00 PM
From: Lazlo Pierce  Read Replies (2) | Respond to of 18691
 
I agree Roger, but what shoulda happened, and what I was planning for, was the selloff continue all day, then this type of action happening tomorrow. Oh well, missed again. Especially Dell @ 81 1/2, SEEK @ 20 1/2, MSFT @ 83, TBR @ 99, CMGI @ 39 3/4, and LHSPF @ 45 to name a couple I was really thinking about. Also missed the opportunity to go first long then short CNTO, AFTER Joe Kernan said their new Crone's disease drug would be ruled on by the FDC tomorrow, and would likely be closed for trading tomorrow all day. This happened @ 3:40 EST, and I pulled the stock up @ 38 5/8. It ran to 43 1/4 in the next 10 minutes, and of course pulled back a few points in the last 5 minutes.
I need a break, I am no longer nimble, and am frazzled by this market now. (True Confessions :-))

Dave



To: Roger A. Babb who wrote (9278)5/29/1998 2:18:00 AM
From: Humblefrank  Respond to of 18691
 
I suspect the market may tank pretty soon. We have had several bad days and yet the bulls are not scared and the bears have practically given up. Time for a correction.