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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: jbe who wrote (5063)	4/19/2000 1:40:00 PM
From: Dale Baker	Read Replies (1) \| Respond to of 19428

Pardon my tone if it came across that way. I post a lot and do other stuff at the same time so I tend to type stuff in a hurry. First comment - various data services classify stocks in weird ways. I see that with Market Guide all the time. Take a second to doublecheck what a company does and make sure it was classified correctly. I know this sector because I am long DISH and NSATF (a reseller for GMH services and sat equipment maker). I looked at PGTV long ago but didn't go long because the market cap per subscriber was too high. But I know how the sector moves, which is fast and hard up and down. Hard to play short-term. Your questions - you can't "know" if it's a squeeze but I am a cautious trader so I assume they are if it spikes. I was stopped out of a bunch of shorts early today. Will the momentum last? I don't know but I was willing to take the loss and move on in stocks I don't know well. Sometimes paranoia is a healthy instinct - LOL. Squeezers can hit and run for a few points from desperate shorts. They set volume or price gain alarms and pounce as soon as a PGTV breaks out. They are buying with or ahead of you as you try to cover, and make you pay for it. Then they sell to the last desperate shorts and leave you to watch the stock fade after you took a short loss. By playing momentum alarms (and using chat sites) they can gang up on a stock pretty quickly. It only takes a few hundred sudden buys to get a stock running. Shorts take the bait if they panic, just like longs in a stock that is being walked down. ANF - I agree with all you said and plan to hold my shares for 20's at least. Glad you enjoyed the articles. Drop by often.