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


To: LTK007 who wrote (15778)11/27/1998 12:16:00 AM
From: Roger A. Babb  Read Replies (1) | Respond to of 18691
 
To All: be very careful on the short side, it is looking like the market will remain strong at least until 1999. The oil merger is bullish. The Internets have Christmas fever. No bad news looming. Very good news likely soon, Congress drops impeachment. I now think it is very likely that the Dow will soon hit 10,000.

Yes, the market and the Internets are very overpriced and will crash. But I just don't see any signs that it will be soon and may go much higher first. I am mostly in cash and will stay that way until things get more rational.