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


To: Hank who wrote (12524)8/9/1998 2:52:00 PM
From: 1-DAY-TRADER  Respond to of 18691
 
I am still convinced that INCL will fall and that no one will have a chance to short it again like what happened on Wednesday when it went down so low ( below 4 3/4) then comes some MM's to rescue it at the last minute for a little longer.

The DJ article was a VOLUNTEERED INSIDE INFO by some "MARKET SOURCES" ,
Now one have to ask : " WHAT IS THEIR MOTIVE behind this very generous tip ? We
know what such motives could, don't we ??
The positive money flow was due to the DJ article, Hank. It made a lot of people BUY long
& made a lot of shorts to cover to early, thus causing a TEMPORARY positive cash flow. But, now
look at the volume, wed = 1.5 Millions ( half of which were made in 3 minutes, and 2/3 of
all sales were made in 10 bulk sales, just after the the DJ)

Then, on THURS, the volume dries out to 1/2 million, ( price Drops 1/16 while I was
waiting to see $6 levels)

Then on Friday, the volume drops to only 230,000 ( price drops to 5 3/16 then they get on
the bid side to make it unchanged at the last minute)

Honestly, I was a little worried on Thursday AM ( after reading the DJ article), but they did not shake me off when I saw that the market reaction was not as I thought it would be.
The price went down, and would have gone even lower had it not been for the rescue
squads on the bid side ( THE MANIPULATORS ).
But they can NOT rescue it forever :)

Look at AVNT & LEAP, there have been a positive money flow for a while now, but we have always known that they would soon fall. After all, doesn't positive money flow always precedes NEGATIVE money flow on the best & most profitable shorts?

Having said that, I would like to express my disappointment in SI posters.

I never claimed that this is a sure short , nor claimed that I knew something for a fact that
no one else does. So, I may or may not be correct on shorting this dog, But what really
troubles me here is that people are coming so hard on me thinking that I was a fraud. I care
about my reputation as a poster on SI and I was just trying to contribute, discuss, share,
exchange points of views; that was all I did.

Mr. Babb himself has been wrong in the past, but no one labeled him as a fraud or a scam.
So, why do these people always waste their time in looking for someone to shoot down, instead of discussing the issues???

Time is money & I always need more of each.

Thanx to all :)