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Strategies & Market Trends : Roger's 1998 Short Picks

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To: larry who wrote (16546)1/4/1999 11:26:00 PM
From: Don Westermeyer   of 18691
 
Larry, no offense taken (by me at least). I know your posts are pretty good-natured.

I was short AMZN and YHOO for a short while last spring, too. I took a small (relative to the move this year) loss, but unbelievably the I can't even see the blip that I thought was the top on the chart anymore! I shorted later this year for another 5 point loss (again, not too bad considering the moves it makes).

I've watch ONSL lately waffling whether to buy it or not. I was going to get in at $20 at one point, but it looks like I missed the boat. I did make some money shorting it though earlier this year. You are right about ONSL being very risky. I have bought a few things from them and feel the quality of ONSL's merchandise is not too good and not very aggressively priced. I won't buy anything from there again.

FWIW - I'd rather short the stinkers too vs legit growth stock (albeit most are overvalued IMO). In fact I'm looking for stinkers to short at this very moment!

Good luck!

Don
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