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Pastimes : Home on the range where the buffalo roam
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To: mishedlo who wrote (8191)12/28/2000 4:31:28 PM
From: Walter Xie  Read Replies (1) of 13572
 
Mike, Joined your short club again today. Sold most of my longs this morning. I read that it was mainly short squeeze rally for the last couple of days since more hot air was pumped into the high flyers and a few POS while big cap tech blue stocks were left cold. Too many people are chasing too few stocks--I can list most of them in just one screen. So be careful. I still remember last year's brave MU putters. They lost almost all battles before they won the war with empty hand. I accumulated a few short shares in NTIQ, BBH just before close. I'm in the biotech field. I just don't see how the fundamentals can support its current valuation. I believe investors there are more innocent.
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