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Strategies & Market Trends : Group Therapy

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To: E. Graphs who wrote (3354)4/5/2001 3:46:37 PM
From: Duane L. Olson  Read Replies (1) of 4564
 
E! Your instincts -- that this frothy mess we're dealing with, - is going to run into difficulty finding someone to sell to --- those instincts are likely pretty accurate. But we get to play a little in the short run, it appears..
Meanwhile, we have a chance to beat the living C--p out of some opportunistic short sellers. I put a few large orders in for some volatile stocks right at critical points, accepting market price, to kick the price up a 1/16 and cause some severe pain for those short sellers. Fortunately, I was able to cover all those positions -- reentered large orders on TXCC to do the same thing again, in fact... . I get a bit of vindictive pleasure out of the "payback" for those guys who caused us so much pain... (normally, I'm a pretty nice guy, honest <GG>).
There's a lot of this year left, E!, and it's far too early to tell who the winners and losers are. It's worth keeping an eye on, imho.
Cheery thoughts!
tso
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