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

To: BDR who wrote (13097)8/24/1998 7:37:00 PM
From: John Rowton  Respond to of 18691
 
If Latin America continues a meltdown, a decent short would be CL. It
is a consumer non-durable which is all the rage when the market starts
to tank as it is considered "safe". But Colgate has quite a bit of an
exposure to Latin America. That is where they had their growth. The
chart looks terrible, they have a growth rate of of about 11 or 12 % and
a PE of 34. 78 is resistance on the way down,


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