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Technology Stocks : CMGI What is the latest news on this stock?
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To: rocklobster who wrote (18684)12/6/2000 12:57:36 PM
From: Toby Zidle  Read Replies (1) of 19700
 
rok ... each to his own opinion as to what the FOMC will do. The market's in a bit of a Catch-22 situation, isn't it? If it does poorly they want to do something to save it, but if that looks like it could work, they may take the steps that could kill it.

Re developing the skills to play short: There's nothing wrong with shorting as a tool for portfolio growth in bad markets. Just don't become the type of shorter who feels he has to go onto message boards with distortions, lies, and attacks on management in an attempt to scare the price down.

I rarely short because I find I'm uncomfortable wanting two or three stocks to go down at the same time I'm rooting for the market to recover to raise my 15 or so other stocks with it. It has to be a pretty obvious situation for me to go short on a stock, and if it's so obvious, it's probably too late for me to make money on it.

Good luck to you. Just don't short MY longs.
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