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

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To: Bill Wexler who wrote (3559)11/3/1998 9:15:00 PM
From: Hank  Read Replies (2) of 4634
 
Yes, but even you know that not all stocks go up during wild bull runs. Money may be flowing into the markets but it's not going to flow in a nonspecific fashion into any and every stock. It would be ludicrous to assume it would. Otherwise, I could toss a coin to decide which stocks to buy and make money no matter what. It has never been nor will it ever be that simple or we'd all be billionaires by now. The trick is to know which stocks will be under immediate sell pressures and why. As increased liquidity pushes the favorites ever higher, those invested in the losers will be even quicker to bail out in order to get in on the action. My targets short term for TNSI and MSTR is 19 for each. I'm not sure about ATHM yet but there are things in development that could put a real crimp in it's stock price, like AOL entering the cable internet service market and possible lawsuits from cable companies.
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