Bill Wexler's Dog Pound Message Board

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Non-Tech : Bill Wexler's Dog Pound

REFR 1.590

-1.2%

Dec 10 3:59 PM EST

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To: Sophie Janne who wrote (4474)	10/31/1999 2:50:00 AM
From: BelowTheCrowd	of 10293

How about another reason: He believes that there are better opportunities elsewhere. I'll give a personal example. I sold all my remaining HWP the other day. Not because I believe it's a bad company, or even that I believe it's overvalued. Just because I believe that it is unlikely to do as well as several other stocks I follow, and because I no longer think I have a really good handle on where it's heading. So I moved my money out of what I considered to be the weaker position, and into some stronger ones. In the current market environment, I am generally moving money out of shorts and into long positions, because I believe the market will favor longs over shorts. There are lots of reasons for portfolio adjustments. mg

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