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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: Dave Gore who wrote (12376)	9/17/2002 11:24:58 PM
From: mishedlo	Read Replies (1) \| Respond to of 16631

Dave Tact is not my strong point. But I was taunted here about ACF (by someone) I forget who but it was not you when ACF was at 30 (on the way down from 40) I recall disagreeing with you about ESST when it was at 17 or so. You defended it with back up the truck at 15. Well maybe it went from 15 back to 18 or whatever. I do not know, nor do I care. PE was one of your reasons as well as one of yoour points in a letter you sent to the SEC(or whoever) if I am not mistaken. Thus you picked the wrong stock to make example of. I do not short POS stocks below $5. In fact I do not short POS stocks below $10 for the most part. But look at LU a 50% gain from just a couple days ago (if you had the gust to short at $2). I have said this before and I say this again: I commend your trading efforts! You have done a great job. I mean this sincerely. It is not easy to pick POS stocks that will rally better than the rest of the sht when a rally comes. I really do wish you would consider "Dave Gores' Safe and sane Shorts". Really I do. Cause Fundamentally this market sucks. ESST sucks. JPM sucks. Bios suck. Reatil sucks. Gaming sucks. THEY ALL SUCK! 85% if not more of EVERY DAMN STOCK OUT THERE IS A POS except for gold. 100% of them. The best strategy is to short those that suck more than the others. You can believe whatever you want about the PE or PEG or whatever of this or any other POS out there. It would not be where it is if it was not a POS. Now, there are plenty of POS stocks that are not where they need to be. I suggest we concentrate on finding the best of those POS stocks to short, instead of cheerleading POS stocks like ESST to buy. I really do not give a shit about a ranking of 99 or whatever given by IBD on ACF. If they are that loony, then why should I believe ANY ranking from IBD. They T Totally Fd up on ACF. That is the problem with PE's PEG's and rankings of this sort. Most likely it is POS analysis. Now, what about S as a safe and sane short. ONE YOU CAN HOLD. If not S. There surely has to be other POS crap stocks that one can hold. What are they. Can we have a balance here? I understand your methodolgy fully. Buy oversold POS stocks that have the potential to rally. Given this bear market, I am asking for POS stocks that have rallied too far and need a haircut. M