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


To: larry who wrote (15256)11/10/1998 1:44:00 PM
From: Roger A. Babb  Read Replies (3) | Respond to of 18691
 
larry, bubbles always grow bigger than anyone expects before they burst. And just when everyone decides that it is going much higher and current valuations are accepted, POP! the lights go out. This is called a "ZITL top", look at old plots of ZITL or KTEL to see the effect. In my opinion, YHOO and some others are now making "ZITL tops" combined with short squeeze.