Bill Wexler's Profits of DOOM Message Board

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

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To: Bill Wexler who wrote (2896)	9/21/1998 8:18:00 PM
From: Bill Wexler	Read Replies (6) of 4634

Current Wexler portfolio: I've been doing a little tuning up over the past week and today. I have finished covering all my Y2K shorts. I have also covered a lot of other positions where I felt a bottom had been reached (such as AMD and QNTM). My active short portfolio: DTLN GBUR HEPH ZONA My active long portfolio: COST (!!!!) AXP By active, I mean that I continue to short the dogs on runups and buy the longs when the price gets attractive (example, COST dipped below 52 this morning and I picked some more up). I also continue to hold my INTC and will consider buying more FTR. My bias is now very bullish. I am now committing far more resources to building my new long positions than adding to the shorts. My long term outlook for the Y2K scams, the biotech frauds and other assorted crap has not changed...but I feel that the risk of squeezes has now increased dramatically.

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