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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 (17186)1/22/1999 9:59:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 18691
 
decisionpoint.com

Hey, you 'ol stockbroker you...
Doesn't this look a bit scary? It looks to me like everything got funneled into a very narrow band of stocks and now the pressure is building...



To: Roger A. Babb who wrote (17186)1/23/1999 2:57:00 AM
From: HiSpeed  Read Replies (1) | Respond to of 18691
 
Roger, judging by previous posts you've made, you understand how the impeachment process is affecting the market. Do you think if the case is dismissed, the market will have a 'relief rally'? Also, I am curious as to why you think it will be dismissed within the next 10 days. TIA



To: Roger A. Babb who wrote (17186)1/24/1999 2:14:00 PM
From: Hank  Read Replies (1) | Respond to of 18691
 
Roger and All,

Be careful shorting hyped stocks that are due to be diluted because of an ending lock up. These stocks have a mysterious way of going up for a month or so once the lock up ends before beginning to correct. Take a look at MSTR as an example. It's lock up ended last December 9th, yet the stock has gone up over 50% since then. MSTR registered to sell 4 million shares recently with over 800,000 coming from insiders. I suspect more sales will occur in the not too distant future. This stock has not begun it's inevitable decline yet but the party will soon be over. Just for laughs, watch how the stock trades. It's not unusual for the stock to go up 2 pts on only a couple hundred shares. Yet, it will only go down fractionally on sell orders in size. This pig is losing it's hot air rapidly.

Hank