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To: Jeff Jordan who wrote (112595)	7/13/2001 5:52:33 PM
From: Earlie	Respond to of 436258

Jeff: I like all of them as shorts. I agree with you about not being in anything for the long haul. This past year or two, I have traded into and out of a relatively small number of stocks (virtually all of them techs and all from the short side) but many of them have provided multiple positive results (IBM in particular). I pay attention to charts but I think the foundations on which they are built are silly. MB said it best,... "Trends last until they don't". (g) Why do I pay attention? Because so many "investors" do and it is worth knowing what the herd is thinking/doing. I never invest long or short unless the fundamentals are powerfully on my side. If the charts are also helpful, so much the better, but a positive chart doesn't necessarily stop me from shorting a stock that my fundamental research tells me will get pounded. As you point out, analysts today will dream up rather remarkable baloney to justify their reccos. In fact, this is one of the contributing factors that has made it so difficult to invest long. Be that as it may, having a good handle on the actual true value of a company is a "valuable" tool, especially if one is oriented to shorting. Best, Earlie