Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (65041)	10/7/1999 2:32:00 PM
From: lee kramer	Read Replies (1) of 120523

Jenna: I'll share a technique I developed quite by chance many years ago (I think I was smoking a funny looking cigarette at the time, and I DID inhale) that helps spot shorts. Because we've been conditioned to buy, we can get fairly accomplished at spotting "bottoms". But tops are often tough. So on this day when I was smoking and giggling and munching I happened to take a chart that I thought might me topping, turned it upside down and held it in front of a mirror. Don't ask why I did this, I can't remember. It looked like a Great Buy! Thus, it was really a terrific short. I called it the "Mirror Effect", told everyone who'd listen about my discovery, but it never "took". I use a daily chart...and it works for me, though it's not really necessary to smoke "funny" cigarettes while standing in front of the mirror. (Lee)

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