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

To: Mama Bear who wrote (9765)	6/8/1998 4:29:00 PM
From: McNabb Brothers	Read Replies (1) \| Respond to of 18691

Testing, testing, just making sure this thread is working! For all the action earlier it sure has gotten quite! Hank

To: Mama Bear who wrote (9765)	6/8/1998 4:38:00 PM
From: space cadet	Respond to of 18691

Looks like the first half correction is basically over. Congratulations to everyone who stuck to their guns and made boatloads of dough. I wouldn't get ridiculously greedy here, however. I think we are due for some "irrational exuberance" and a strong summer rally. I just hope the manipulators can hold back the wild horses till Jun options expire, by which time I will have correctly positioned my portfolio. I think 10K is doable in the next 2-3 months. At that time it will be time to short again, but the summer belongs to the longs IMO. The big exceptions are probably the chip and chip equipment sector stocks. They look mucho sicko here and I doubt they can move up much, but you never know when the market gets really kicking. I see the internet stocks starting to take off once again as they should be able to beat earnings expectations.