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Strategies & Market Trends : The Rational Analyst

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To: jan_mike who wrote (181)	1/11/1998 11:11:00 PM
From: ftth	Read Replies (1) of 1720

Mike, it's nothing personal. Shorting the highest relative strength stocks in a down market--even if those stocks have absolutely no change in their market-leading fundamentals--can be a very profitable strategy. The ones that ran up the steepest tend to fall even steeper. As you know, RADAF is still up over 700% over the past year, even after giving back a nice chunk recently. Congratulations on being aboard for that move. dh

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