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


To: AKAPAK who wrote (11352)7/10/1998 4:13:00 PM
From: Kip518  Read Replies (1) | Respond to of 18691
 
Anybody willing to proclaim that they will short EGGS?

Went short EGGS this morning, covered quickly this afternoon & went long. As much as I think being long is stupid, over the past few months I've painfully learned better to play like a nut than try to stand in front of the nut train. My good sense and ability to reason have been overwhelmed by the madness of crowds. To the ramparts one and all!!



To: AKAPAK who wrote (11352)7/10/1998 4:26:00 PM
From: Prophet  Respond to of 18691
 
<< Anybody willing to proclaim that they will short EGGS? >>

EGGS is one of the last real internet prospects and undervalued (by Internet standards), well recognized, stocks that has not capitalize on the Internet madness. You would be crazy to short EGGS now. The high volume and intraday movement (easily moved up after a dip) shows there is still plenty of ground for EGGS to pick up. YHOO recovered at the close. I would expect YHOO to pick up again next week. YHOO is the leader; when it runs everyone follows.

Today I went EGGS long for the only Internet stock I have "longed" this year.



To: AKAPAK who wrote (11352)7/11/1998 8:37:00 AM
From: Mama Bear  Read Replies (1) | Respond to of 18691
 
Paul, I'm just home from a wonderful vacation, and happy that I covered EGGS for what looks like a minor loss today. Still my worst trade YTD, but it could have been terrible (It seemed a really terrible loss at the time).

Now I want to figure out what I should have seen to lead me to go long. Covering EGGS at 9 and change joins covering Yahoo! at 55 and change in the "I covered well, but why the hell didn't I reverse and go long" category.

Barb