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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: ynot who wrote (4055)9/30/1999 12:26:00 AM
From: J.Y. Wang  Respond to of 10293
 
No. From his recent recommendations, it looks like Wexler has turned from a skilled shorter into a hypster. :-)

It's a great contrarian indicator and a sign of a top in a market when even the skilled shorters throw in the towel.



To: ynot who wrote (4055)9/30/1999 12:33:00 AM
From: Bill Wexler  Read Replies (2) | Respond to of 10293
 
GUMM and REFR are still great shorts. GBUR should be shorted going into next earnings report. I recently covered a lot of BTX but will be hoping for a bounce of 20%+ to short more. ACRT and SRCM are going to zero or near-zero. CUST is a bit tricky but will inevitably collapse completely. IDX should trade around 5 within the next few months.

With this amount of negativity, and everyone expecting a huge decline, it is terribly dangerous to short good companies and real net stocks (CUST is a fraud, not a net stock). I expect that the market will ramp up bigtime and catch a lot of short-sellers off guard.