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

To: Mama Bear who wrote (15694)11/23/1998 5:34:00 PM
From: Roger A. Babb  Read Replies (1) | Respond to of 18691
 
Barb, I tried to cover YHOO at 207 and it just ran away from me. I expect it to go higher in the morning as some shorts get called in or panic out, who know after that? I think we are quickly headed for Dow 10,000+. I am mostly on the sidelines watching except for my sadistic desire to lose money shorting YHOO.



To: Mama Bear who wrote (15694)11/23/1998 8:28:00 PM
From: Jon Cave  Respond to of 18691
 
This is a funny thread. I thought EBAY looked kind of cheap today at under $200. Ebay's business model is probably the best of all the big internut stocks. Lost about 7k shorting those darn "things" today.

I sold about half of my long positions today even though I still think they were undervalued. I think the market is crazy.

Looking at the oil stocks like MRL and SLB. They seem to be the only sector that hasn't doubled this year.

Good luck.


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