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

To: dumbmoney who wrote (15191)	11/9/1998 7:54:00 AM
From: Blacksmith	Read Replies (1) \| Respond to of 18691

He also had an article in Time magazine as things first began to tank urging everyone to buy.

To: dumbmoney who wrote (15191)	11/9/1998 2:02:00 PM
From: Bill Wexler	Read Replies (1) \| Respond to of 18691

You have to understand that the guy is a trader...he could change his mind several times a day regarding a particular stock or the market temperature. He is absolutely correct in his analysis of the LTCM debacle, the reasons for the last Fed ease, and why the market will continue higher as a result. Note that when the market was sinking (he called the tape "revolting"), he wrote a piece on what it would take to turn the market around, a piece which turned out to be remarkably prescient. Of course, I also pointed out that his angry and pessimistic mood at the time (read the Sep. - Oct. posts on my thread) was probably a great contrarian indicator!!