The Naked Truth - Big Kahuna a Myth Message Board

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To: Lucretius who wrote (79410)	12/14/1999 8:41:00 AM
From: pater tenebrarum	Read Replies (3) of 86076

well, if it sounds sick, that's because it IS sick. i refuse to buy into concepts except for trading purposes. the real co's will still be around once the sh*t hits the fan, most of the concept names will simply disappear...of course, a handful will be huge LT winners, but i'm not going to go and guess which ones that will be. i'm now buying beaten down high yielders...that's where money will flee to once the ponzi stocks get whacked. what's more, think about taxes: now they're selling the losers for tax losses and keep the winners to avoid paying taxes. early next year, i expect the process to revert: the indices could easily fall while the a/d line recovers.

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