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


To: RockyBalboa who wrote (15328)11/11/1998 12:40:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 18691
 
Christian, I may or may not be a parrot. I covered most of my short positions in early September, and was sad because all of the garbage stocks had deflated, and there was nothing left to short, as all the air had been let out. Now most of those stocks have reinflated, and I am hesitant to jump back in. But the tape is telling me that it's not time yet. I learned to respect the tape when it told me it was time to cover my YHOO short at 27 3/16 (split adjusted). Now if I had just realized that it was telling me to go long as well...

Barb



To: RockyBalboa who wrote (15328)11/11/1998 3:47:00 PM
From: Mike Maxton  Read Replies (1) | Respond to of 18691
 
Christian,

I took a quick look at GKI also. Nothing compelling about this company or their story. Stock has languished around 5 after the initial IPO run-up.

The jump of 2 points today, to over 7, doesn't seem justified based on the release of a software program to teach folks how to tour the Web.

I jumped in and shorted 500 at 7 1/8 at E-Trade. Looking for quick fall back to around 5.

mike maxton