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

To: BelowTheCrowd who wrote (15265)	11/10/1998 3:47:00 PM
From: Kevin Podsiadlik	Read Replies (1) \| Respond to of 18691

IMO, his behaviour in this regard is absolutely abominable. Worse than all the street analysts put together. Most of them at least have some sort of restrictions on when they can buy or sell a stock that they cover. With all due respect, is that really any different from what Roger does? Roger has been bearish on AMZN, YHOO et al. on a fundamental, long-term basis all this year, at least. If he had followed his own recommendations literally, taking out long-term shorts on the Internet stocks, he would be bankrupt by now. That he has actually managed to make a profit on the short side of YHOO and AMZN only proves that one can make money on any side of any stock if one is a skilled enough day-trader, no matter how fierce the tide in the opposite direction. I don't really mean to attack Roger here. It is just that IMO the only difference between Roger and Cramer regarding the Net stocks is that Cramer's forecasts have been by and large correct so far, whereas Roger's have not. That and people pay to read Cramer, but that may simply be a side effect. YHOO up 18 now. Holy youknowwhat. Hope you got out, Roger.

To: BelowTheCrowd who wrote (15265)	11/10/1998 3:50:00 PM
From: Blacksmith	Respond to of 18691

>He knows that the online day-trader have a huge >influence on those issues, and has a pretty neat way of driving >the market and profiting from it. A very profitable business if >you can get it. Although he seems to have a poor record on predicting market trends, he definitely has called individual issues well - perhaps because his prediction affects the trend. He has made three very good calls on AMZN, each of which I ignored. I thought he was crazy to be long AMZN at 125~130 (although I bet he has reduced his position substantially today).