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

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To: Bob Trocchi who wrote (4337)2/3/1999 10:18:00 AM
From: Pete Mason  Read Replies (2) of 4634
 
re: ALTIF and ZONA

I've got ALTIF and ZONA short positions which I've had for about six months or so (ouch!!). My big question is with ALTIF at 8 1/2 and ZONA over 30, is this a great time for averaging up in these issues?? Seems like it to me...

Also, anyone watching TMSR? Anthony brought it up about a month ago, shorted it for a couple of bucks then got out; to me, it looks like a great long-term short. Any thoughts, anyone? (I'm already short a bunch in it; am thinking of shorting more as it continues crumbling)

-- Pete
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