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

To: DD™ who wrote (10127)6/16/1998 7:43:00 PM
From: Roger A. Babb  Read Replies (2) | Respond to of 18691
 
DD, I increased my AMZN short position today. No way earnings will ever justify the current price, it is a "greater fool" game. But I am increasing my position slowly in small increments, it will crash, but I don't know when or how much higher it will go first. Don't get over committed on this one.



To: DD™ who wrote (10127)6/16/1998 7:56:00 PM
From: Roger A. Babb  Read Replies (1) | Respond to of 18691
 
DD, did you watch the CYPH action today? It was a classic case of the "insider" investor knowing about the good news and dumping on the announcement. Complete with a trading halt to try and attract attention to the good news. Was short and covered for a small profit.


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