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

To: Oeconomicus who wrote (12388)	8/4/1998 9:19:00 PM
From: Jose Matos	Respond to of 18691

R.D. My guess is this is going to be a repeat of October 28. I expect that the market will open and quickly gap down about 150 ~ 200 then by 10:00am, some heavy buying will come in and will finish up for the day (probably +80 or so). My game plan is to unload several of my shorts (CNWK @ 37, MSPG @ 36, ELNK @31, CMGI@ 56 and some other minor plays) then go long some beat up airline stocks like Delta, some techs like COMS, wait for the dipsters to take them up, and unload by 4:00pm. I believe tomorrow will be a knee jerk reaction both ways. And plenty of money to be made intra-day. I won't risk going long internet stocks(wouldn't be prudent, even intraday. I'll wait for a spike up to re-enter short positions in CNWK, MSPG, CMGI and some others. Regards. Now let's see if I'm right. Jose.

To: Oeconomicus who wrote (12388)	8/5/1998 8:55:00 AM
From: Joey Two-Cents	Read Replies (2) \| Respond to of 18691

We've hit an iceberg and are taking on water and there's not enough lifeboats for the sheeple. Now repeat after me while tapping you shoes together: Buy on the dips, buy on the dips, sell those beanie babies and buy on the dips. Yesterdays action looked similar to Friday October 16th, 1987. Are we in for a monumental crash? What to do? What to do? Big crash no cash oh my! I hope the Slickster can zip up his fly in time to bail out the sheeple before all hell breaks loose and they want him castrated. I've got my puts. I've got my shorts. I've got a bottle of Bud. A toast to Asia, a toast to the Sheeple and a toast to the Bill (It's the economy stupid....not) Clinton.