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

To: space cadet who wrote (12083)7/28/1998 5:07:00 PM
From: Michael Bakunin  Respond to of 18691
 
I thought today was disappointing for bears -- after all, the market closed up substantially from its lows. I'm surprised you thought yesterday was the beginning of the rally, since the Russell 2000 was down a healthy percent or so; small stocks may not rise as much as large ones these days, but they usually help confirm rallies.

I do expect a relief rally soon; I do not expect it to last.

mb


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