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Strategies & Market Trends : Pancho Villa's Short Analysis File
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To: Dale Baker who wrote (187)12/27/1998 9:02:00 AM
From: xcr600  Read Replies (2) of 287
 
Dale,

I whole heartedly agree with you. After having my head handed to me recently, I have succomb to playing the game on the side where the dollars are flowing. No more fighting the tape. I've even gotten into internet issues. Although I probably wouldn't go long a POS like SRCM even though you know they are going to do all they can to get it above 20. I've simply lost too much money fighting the trends. Unless there is something fundamentally wrong (i.e. new floorless- ENML), shorting overvalued stocks is a death wish in this market. Some of the big run ups are worth a short as well, but probably for a day. And I'm not around to babysit those positions so I won't risk it. My current shorts are ZONA,AND,VTCH,MYSW.

Good luck.

x
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