To: eDollar.com who wrote (47240 ) 12/5/1999 1:23:00 AM From: Anthony@Pacific Respond to of 122087
For your info, Long term value investing will make you money Diligent Scam Busting and fraud shorting will make you money Day Trading will lose you money. People alwasy talk about % return, let me point ou that this argument is 100% flawed,... I soldf ADSP short at 12 20, 30, and 52-55, I will make the same exact money any long did, who owned it at 2 bucks, since that is wher I will cover.. The difference is that by being short I can play every stock, thet everyone els is in on...its teh research and DD, that makes it a much safer way to invest..Its so easy to just see what is being touted ,,read up,,make calls, do an interview,, compare ,, follow a few people , wear a body wire,, whatever is required to get teh info I need to make an investment decision... Its much easier to just rely on the lies and exagerations of the Public day trading Community , and the BS put out by these truly scumbag Companies.... It makes no difference, if you are long at 1 and sell at 10, or if you short at 10 and cover at 1, although percent wise,, one is 900% and the other down is a 90% gain.... THE MONEY IS EXACTLY THE SAME....... If you use a stop, which everysingle person on my site is well aware of and I have beat on the tables about stops and reentry a million times.... Shorting is to me The most consistent, and profitable to make money... I would have far too much risk if I was mainly long, hoping I owned the nexy Yahoo. I called QCOM at 53 bucks, IMCL at 13, LWIN @ 7, bunches and bunches ogf others ..I just pick great longs for the long haul....and I do occasionally take some risks on the mo-mo crap,, BUt ..dont like it..and would rather just wait till The Mo-mo is a success and then slap its little head.