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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (2081)2/2/1998 10:48:00 PM
From: larry  Read Replies (2) of 18691
 
Roger,
I have been reading your posts for sometime and although I am a die-hard long, I find your opinion interesting. I agree that it's a good strategy to find an overvalued company to short to make $$, however, isn't it easier to find a good company to long? You make less than 100% with short, but might make much much more with long. I mean, the upside in not limited, while the downside is ceratinly limited, which makes short play much more dangerous than longs. Warren Buffet never shorts a stock in his whole life and yet he made hell of money from the market. Watching YHOO! and AMZN shorts losing big $$$ and going bankrupcy is no fun. Maybe finall the shorts will win, but how many shorts have to sacrifice before they have a chance to win?

good luck,
larry
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