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

To: Joey Two-Cents who wrote (10475)	6/23/1998 11:49:00 PM
From: virgil vancleave	Respond to of 18691

nice head and shoulder formation on intc and now a good pullback opportunity for shorts to load up for the ride down to 50. market is still fundamentally weak and this rally appears to be mostly short covering. just my opinion here based on some observations. one to consider as a short, sctr, looks way overvalued and insiders selling like hotcakes with an (ouch) awful looking chart. stock is ready to break down. hard to believe companies like amzn, yhoo, aol, cmgi and the like keep going up. i am not dumb enough to buy long, but i really want to be around when the balloon deflates, and it WILL. soon. good luck all