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To: Raymond James Norris who wrote (2382)7/15/1999 1:28:00 AM
From: Stephen  Read Replies (1) | Respond to of 10027
 
RJN ... nope ... statistically you are wrong. I am not a statistics expert either, but I know some of the method. It may not seem readily apparent when applied to the real world ....but its a fact ...and this is one of the easier mathematical realities !! (horrible isn't it !!).

Even if someone shorts, unless the stock always returns to a specific value, it is not a fact that they must lose. And ... anyone who recently bought at 63 ... is fine ... unless they realise a loss by selling at a value less than the one they bought it at.

Stephen

PS ... It wasn't just your post I didn't read ... I was flipping through them all ..NITE action looks horrible to me ... but I really want to re-establish my position ...