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Non-Tech : Bill Wexler's Dog Pound
REFR 1.860+6.3%9:30 AM EST

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To: McNabb Brothers who wrote (6485)2/1/2000 7:24:00 PM
From: Bill Wexler   of 10293
 
Awwww. Now my little feelings are hurt <sob>.

Message 12747389

Come to think of it, I believe that the vast majority of my short calls have been "too early". I remember that my first short of CYBG was around 7 3/4 and it almost hit 20 before going to zero. I shorted ZONA at 30, shorted more when it hit 15...watched it go back up to 45 (several times), before it finally collapsed to 2.

Hitting the exact top or bottom of a stock is a matter of luck - nothing more. Absolutely no one can claim they can do this. I go long or short when I perceive that the underlying value/fundamnetals are wildly out of kilter with the stock price. No one ever said they couldn't get even more out of kilter.
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