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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: Jim Roof who wrote (747)4/27/1998 1:11:00 PM
From: Bill Wexler  Read Replies (1) of 4634
 
<<How could BTIM possibly be off the DOOM index if you said you were unequivocally right in your predictions? >>

I am unequivocally right...as evidenced by the fact that Biotime keeled over from 18+ to 11 in the same time that the market was screaming upwards and your "TA" predicted it would go higher. However, I feel that the profits could be deployed into more worthwhile shorts because the NDA filing could leave this stock hanging for many months. I will reshort after ther NDA is approved or not approved. (If approved - the stock should slowly crumble to 5 after an initial pop up...if not the stock will quickly nosedive below 1).

<<Seems like I was right and you were wrong.>>

Whatever you say Jim.
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