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

To: Joey Two-Cents who wrote (13076)	8/23/1998 10:09:00 PM
From: S Shaw	Read Replies (1) \| Respond to of 18691

Joey 2Cents: Tomorrow should be very interesting indeed. Japan down over 400 points as I write. Scott

To: Joey Two-Cents who wrote (13076)	8/23/1998 11:03:00 PM
From: Roger A. Babb	Read Replies (3) \| Respond to of 18691

Joey, this thread has been very quiet over the weekend. Usually a bearish sign.

To: Joey Two-Cents who wrote (13076)	8/24/1998 12:59:00 AM
From: Marconi	Respond to of 18691

Hello JTC: I think the US market will take a cue tomorrow for a down spin. Unless Europe is very strongly up, my gut instinct is a selloff in the US equities. I've put a couple block trades in to test ZITL market maker backbone -- so far, no takers. Monday expectations, NSCP 26, AMZN below 120, ZITL down 1/4 to 1/2 (but it should have been trading sub-3 by now except for the MM masking during low volume), CTXS down 2, DELL down 5, CNWK down 2-3 etc. I will be most interested for the fundamentally lame stocks whose trading volume has dried up, how volumes are in a reasonable selloff. Monday will be a test of nerves. With China's market fallen to less than half in the last year and hostilities toward their neighbors and the world, a devaluation near term would fit the ticket for havoc in the neighborhood markets. Russia's Moscow index is less than a tenth of what it was 6 months ago -- be interesting to know if Soros is buying heavily anything there now.... Thank you for posting. Thought I would express my expectations for tomorrow, and hoping I am generally not too disappointed. Best regards, m