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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Smart_Money who wrote (49606)	4/10/2002 12:58:02 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 99280

Ouch on the margin call, all of it just because of WCOM? Too much concentration in a folio is not smart, you are smart money, you should have told him (g). Will 1733 hold? Zeev

To: Smart_Money who wrote (49606)	4/10/2002 1:08:24 PM
From: yossarian67	Read Replies (2) \| Respond to of 99280

sm--hey man how are you? As far as favorite stocks go, no problem there. The problem with making WCOM a favorite long past few years is that it's in a 3 year downtrend...only thing that going long a stock in that long a downtrend is going to get you is broke....I like hands also, but have just never understood his fascination with continually going long a stock in a downtrend....makes no sense and it's too "ameritrader'ish". I don't post on SI much anymore, but find it fascintating that so much focus is on the Nasdaq levels, and than of course you've got west and the gang that have pretty much lost their mind-----and no one really pays any attention that the RUT made a nice little new short term high on the late February move and so far is holding it....it's been the place to be in the market past 2 years and will most likely continue to be the place to be. Lot's of nice companies in there, with plenty of room for growth all across the sectors, including technology. Still though everyone on SI seems insanely focused on the Nasdaq 100'ish stocks.....which is in a pretty steep 2+ year downtrend....just like WCOM, why go long stuff in that long of a downtrend? anyway sorry for the little rant, but I've been a little worried about hands for a long while now and didn't want to see him go broke going long that thing. him and I go back a few years.