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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: Hank who wrote (327)3/11/1998 12:21:00 PM
From: Jim Roof   of 4634
 
I am not trying to impress anybody with my wisdom. I am only doing for you what I do for Wexler - challenge assumptions.

I have seen a total paucity of rational thought on this thread. Data is met with emotional cries of scam and fraud. Data is presented in a deliberately false fashion to try to paint a worse picture than what exists for a given issue (Bill and his 24 step cooking instructions for the TRBO oven - it works exactly like a microwave).

You say that there are not enough buyers coming into ZONA to push the price way up. My question would then be - what evidence do you have that there are enough sellers to push it way down? If ZONA's volume has dried up then the same argument you use against an upward move applies to a downward one.

My best guess is that for the time being ZONA has reached at least a temporary bottom and it will trade higher before it trades lower. That's all I have said. I am not saying this to taunt you or anyone else. Rather, you should wait for this rally to be over then short the snot out of it. I think you can do this in the upper 20's.

Jim
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