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

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To: Peter V who wrote (2658)9/12/1998 11:10:00 AM
From: Dr. Seuss  Read Replies (1) of 4634
 
Peter,

I think you're right. Emotion has taken over Wall St. seen in the extremes in highs and lows lately. I do feel many stocks are being propped up while the suckers buy on the dips and the funds exit stage left. There's been some pretty funny trading on LBOR and LHSG (I've been watching the ticks) and feel it's only a matter of time until they both drop like a rock. I still hold a lot of both short.

Nice move on TNSI and DTLN. I will be in them on Monday once I free up some margin. I've used up a lot doubling down on LHSG in the high 50's. Should have bought puts, but what they hell.....

Dr. S
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