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

To: Roger A. Babb who wrote (15718)	11/23/1998 10:40:00 PM
From: Tom Hua	Respond to of 18691

Roger, a very good post. Another related point if I might add, if one is lucky to reap nice profits from these speculative bubbles, quit while you're ahead. Regards, Tom

To: Roger A. Babb who wrote (15718)	11/23/1998 10:46:00 PM
From: tcarnes	Respond to of 18691

dear roger thanks for the post. i agree shorted HHHH today at 6. i have only one theory stay away from internet co. and stick to fundamentals oh one more thing don't short takeovers unless you know its a scam. the one that got away EBAY. HAPPY HUNTING TJ.

To: Roger A. Babb who wrote (15718)	11/23/1998 11:06:00 PM
From: S Shaw	Read Replies (1) \| Respond to of 18691

Roger: Back in college days I had to hitch-hike when I went home to visit. One time when I was heading back to school, I got a ride with a professional pool shark. He gave me some "investment advice" which he adhered to in his line of work. Never bet more than 20% of your bank roll on any given "investment" or opportunity. Seems sage advice for a shorter in this market. Scott

To: Roger A. Babb who wrote (15718)	11/23/1998 11:17:00 PM
From: larry	Respond to of 18691

Roger, Thanks for the post. This specific post is meant to both longs and shorts, I believe.:) Also, I think that the person you described is in a much worse situation: His wife left him, and he has huge debt thanks to borrowing $$$ from credit cards. Anyway, this market is getting dangerous for both longs and shorts because the market does not make sense any more! Valuation does not matters and is successfully divorced from fundamentals, money chases money...People making 3 grand a day accused himself of not putting more money in the market...blah,blah,blah...and the market will always go up tomorrow. This is worse than the previous top we saw in July and this is even worse than casino tables. I seriously sense a blowout top somewhere around the corner and a bigger crash is very likely in the early 1999. However, I don't see the market crash by the end of the year since the sentiment is extremely bullish and Nov. and Dec. are typically good months to longs. Anyway, be careful with your own investment. Never get too greedy. Gosh, I have heard several rumors about people committing suicide after losing everything by shorting some internet stocks. Have to wonder how many shorts will be killed tomorrow by AMZN, EBAY, and YHOO!. I have been begging people all the time not to short these three issues but no one listened. These guys won't die until their short interests go down to 10-20% of the current level. larry!