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

To: blast_investor who wrote (17145)1/20/1999 5:29:00 PM
From: Kailash  Read Replies (1) | Respond to of 18691
 
Henry -

I share your view; I didn't cover and think when people come back from work and see what's left of their portfolio, they'll be sending in sell orders.

Internutz are down while the indexes are up. The big money is going out of nutz and into blue chips.

In my experience, it often pays to keep your stocks overnight as the main tentency, up or down, is often magnified at the open, and things move so fast you may not get a position you want. In fact, the whole daily movement of the stock is frequently anticipated in the first half hour.

Kailash



To: blast_investor who wrote (17145)1/20/1999 8:49:00 PM
From: Roger A. Babb  Read Replies (3) | Respond to of 18691
 
Henry and othes, re AMZN. I still think that AMZN is overpriced by a bunch. However, the investing public is so accustomed to "buy the dip" that AMZN will rebound on the slightest hint of news. Then short again. I predict it will go down in a sawtooth pattern.


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