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


To: Hank who wrote (6229)1/20/2000 5:32:00 PM
From: Bill Wexler  Respond to of 10293
 
<<I get the feeling that you could short just about anything and make out well in the next three months>>

I don't think so because a lot of money will simply be shuffled around. I believe you can aggressively short small and micro-cap scams, and I think its also much safer now to short the second and third tier internuts (though I won't bother doing so unless I see something so utterly compelling that I'll make an exception).

I also continue to aggressively buy financials while they still remain in the hole.

Today I bought the following:

WM under 22
SAFC at 24
HCN at 17
FFA at 23

...and I sold a little more tech.



To: Hank who wrote (6229)1/20/2000 5:48:00 PM
From: Mike M  Respond to of 10293
 
I think you will continue to see some price rotation out of the over inflated sectors but until the yield curve becomes inverted I don't see widespread market mayhem. I don't disagree that it will be treacherous for some, however.

I still think value stocks are due a fairer share of the investment dollar. This may happen if there is a steep decline in growth stocks.