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

To: Tom Hua who wrote (16221)	12/20/1998 1:58:00 PM
From: RockyBalboa	Respond to of 18691

Yes, but stocks were hard to sell, when the time was right. Message 6909102 and the response... C.

To: Tom Hua who wrote (16221)	12/20/1998 2:07:00 PM
From: larry	Read Replies (2) \| Respond to of 18691

Tom, ONSL shot up too fast and for a second tier name, to go up 500% within days is not sustainable. However, this issue has built a nice base around 40 (as compared with previous base at around 15-20)and should have a second rally very soon. EBAY, AOL, AMZN, YHOO! are different stories. These guys have penetrated new highs recently and the momentum points to more near term gains. Strong technical buy recommendation on YHOO! with target price 270-300 within the next 3-4 weeks. Earning rally is around the corner, which translates into another group massacre of short sellers. Also tax related selling from short sellers will provide more upside potential in the very near term. Investorment 101 tells us not to fight against tapes and the Fed and sure it works very well for longs. I can understand why people hesitate to long the internet sector but to short these issues, especially top brand names is a huge mistake, much worse than the Republican party digging holes for themselves in...... larry!