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


To: Hank who wrote (17054)1/15/1999 12:55:00 PM
From: McNabb Brothers  Read Replies (1) | Respond to of 18691
 
Hank,

I believe it is 30 days from the time a stock goes public before one can short, so we have 29 days before that arrives.

No I will not buy it now or when it becomes shortable or if it would go back to $17!

I'm still very bullish on the stock market especially the big cap and the blue chips! I'm bearish on most all internet stocks now and believe we have seen the highs in most of them now. The tide is changing and believe many of the internet stocks will trade much lower from here. I'm selling naked calls on AMZN, EGRP, BDCC, and sold some RMBS Feb. $110 this A.M! Will continue to sell on any bounces, but already seeing the premiums being sucked out of the call options at a very fast pace, but still very ripe for picking up some nice premium.

Hank