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

To: Dale Baker who wrote (15332)	11/11/1998 3:12:00 PM
From: larry	Read Replies (1) \| Respond to of 18691

Dale, Sorry for not getting to you earlier. I was looking at MSFT Nov. 110 and 115 calls since late last week and believe that MSFT should see a new high as INTC. However, it looks like that the market has turned south earlier than I expected (I was expecting selloff beginning this Friday afternoon). So I am not so sure of this issue right now. I am a bit confused right now. I don't believe that the Fed is gonna cut rate next Tuesday but it might do so if the market drops dramatically. At the same time, the momentum on Softie is so good (it did not have the earning rally after they beat first call by double digit several weeks ago and it's ripe for an assault to the all time high). larry!