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

To: Roger A. Babb who wrote (12674)	8/12/1998 5:44:00 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 18691

Yep, I ll never put all my eggs into one basket. Old truth, but on the other hand, when I closely watch 10 stocks, you have lots to do. Besides that special situations require further attention, consider ol' AMZN (yes), RMBS, TBR, SEEK (sigh!) or ADBE, and the short canvas of IAI junk, we know all about. Found out that I used beyond 70% of my purchase power (thus 40% margining over equity) in the long run, so it not that leveraged. Only on real momentum stockups. The only time when I was really scared, was the KLB story with the 24-30 indication at preopen, when I printed near the last close day before. Equity went almost to nil at the $30 ask. ALIVE, still goin' strong CHE

To: Roger A. Babb who wrote (12674)	8/13/1998 2:16:00 AM
From: craig crawford	Read Replies (2) \| Respond to of 18691

>> But it would have been a great risk and your big gain would have been mostly luck, and you would probably lose it all on your next big bet. << I see...so it was just "dumb luck" that I was doubling my money sometimes in a matter of a couple weeks on internet stocks. I suppose it was just "bad luck" that many on this thread kept pouring their total net worth into shorting every high flyer on the Nasdaq. If you guys would have just quit fighting the trend and gone long internets a 1500% return wouldn't look so incredulous.