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

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To: Bill Wexler who wrote (3779)11/19/1998 8:59:00 PM
From: Bill Wexler  Read Replies (2) of 4634
 
Wexler dips his toe into the shorting pool again...

Though I remain extremely bullish, I believe the following two stocks present an excellent opportunity.

1) TRBO - I have shorted and covered this one on several occasions. It is on the original "DOOM INDEX" and has been pumped back to nearly 10 a share as a new round of gullible investors have bought into the overpriced miracle microwave oven story.

2) DTLN - I started accumulating a short position, but then stopped when I turned bullish in September. Promoters still continue to float phony buyout stories and there has recently been a false-alarm buy-in. I smell blood in the water, so I'm building my position again.

Still holding short on ZONA, REFR, GBUR and ALTIF, but haven't increased my positions.
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