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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 (14815)10/26/1998 6:42:00 PM
From: Gary Walker  Read Replies (2) | Respond to of 18691
 
Here's some ammo on why Yhoo will tumble sooner or later....

dailynews.yahoo.com

What's the tendency for the internet stocks when good news is announced? Tomorrow you have AMZN and AOL earnings after the close. If they surprise then Wednesday could be an explosion to the upside since they are down from recent highs and the whole market for this speculative stuff seems to be on the rise.

Thinking shorting Yhoo, AoL, AMZN, Lcos.....

Regards,

gw



To: Roger A. Babb who wrote (14815)10/26/1998 7:27:00 PM
From: Kevin Podsiadlik  Read Replies (1) | Respond to of 18691
 
one morning they are going gap down about 50% and just keep going.

Maybe it will help me understand if you could explain why you aren't worried that you could get caught "ducking out of the way" when that day comes. Surely a decline of that magnitude would have to be precipitated by some event that no one, not even you, could possibly see coming the day before.


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