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

To: BelowTheCrowd who wrote (12684)	8/13/1998 4:02:00 AM
From: 1-DAY-TRADER	Read Replies (2) \| Respond to of 18691

Michael, thanks for the opinion on ADBE. I am afraid that this stock might lift up a little in AM, then MM will start dumping as some managers have already started dumping today on 4 separate occasions on Wednesday, but the stock still closed at higher than the open. It looks looks like it has a strong demand for now, but I have seen these kinds of stocks bounce up quickly, then sinks again in few days. An example of that was BILL, which has sank more than 3 times in the last few months. The company has hinted towards a negative earning per share this quarter while it was supposed to earn 50 cents per share. Isn't this kind of a loss too dangerous for a stock in a bear market? Why would anyone even bother with it? Finally, you said: >> IMO, this one was a good short a few weeks ago.<< Why didn't anyone discover it few weeks back ? I think it may have some upside potential, but it will get worse before it starts moving back upwards. Thus, I am thinking of shorting it for few days, What do you think ? Again, thanx for responding :) 1_DAY_TRADER