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

To: Peter V who wrote (13994)	9/23/1998 4:15:00 PM
From: space cadet	Read Replies (3) \| Respond to of 18691

I predicted quite a while ago that yhoo would see 300 within a year (that would be 150 after the split). Don't stand in front of a freight train. Amzn is another story entirely and one day may come back toward earth. Anyway looks like my intuition was right and we are just heading higher until Oct options are over. But at this point I'm not sure anymore whether or not we will retest 7400 or perhaps we just go higher for the next 6 months till march or april. I've misplayed my hand as I've essentially been in all cash for the past 2 months so at this point I think I have to wait and hope there is one last correction at the end of October to re-enter the market. But boy does it look strong in the last 2 weeks. Ever since the Starr report came out, exposing Starr as a shallow nutcake who had nothing on Clinton, the market has been on a tear. I think the only thing will can slow it down now is either bad earnings reports, which based on early indications isn't going to happen, or foreign turmoil, which may still possibly occur. If I had gotten in I'm sure I could have easily doubled my net worth, so this has been a pretty painful view from the sidelines. If this correction is history, then I think we should be able to overtake 10K easily and fairly quickly, by February at the latest. I noticed this thread has gone back to finding the weak and the infirm stocks, which is definitely a smart move with the market on a tear.