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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (57794)	8/23/1999 10:34:00 AM
From: MythMan	Read Replies (4) \| Respond to of 86076

I agree. I'm tired of reading the musings/rantings of Tice, Fleck, Magner and assorted Austrian economists. It is time to get on a winning team. That team is long US equities. I will stay off Whitman's gold truck as that is a rear ender in waitng (the car crash kind, not Realman) Time to go long the QQQ and stay that way for the LT

To: pater tenebrarum who wrote (57794)	8/23/1999 9:43:00 PM
From: Mama Bear	Read Replies (1) \| Respond to of 86076

heinz, I do not accept the 'buy some or get mowed down' theory. Shorting is not impossible even in this environment. I collected a nice payday on IMAA today, down 20% today. On 8/13 I had one go into bankruptcy and get halted (IRIDQ) and closed an FIBR position short for a gain of ~30% in less than a week. Some friends of mine were short SNMM Friday when it fell 60%, and SBTK today when it did a swan dive. Some days I look at the longs going up and think I really should jump on the bandwagon, but I am outpacing the market, and when the market's turn comes, I have confidence that the doggies I short will crash even harder than they do when the market is headed up. The key is to avoid shorting the popular stuff, and to stick to 'mugging sick little old ladies' as I've heard this method of stock selection called. Good luck with your longs. I worry too much that Wile E. is going to realize he's fifty feet beyond the edge to go long myself. Barb