To: pater tenebrarum who wrote (1380 ) 5/19/2003 2:17:57 AM From: who cares? Respond to Re: ALTI I personally think it's a POS. It seems like about half of the SEC filings begin with S where they're selling more cheap shares. Mix that in with the newsletters one finds with a little searching that were paid x amount of shares for their glowing reviews and it's something I feel comfortable shorting, especially when the RSI goes into the 90's. 9 months ago I was sitting by the pool, sipping drinks, overlooking the Med. with other shortsellers wondering if we would even have a job in a year, such was the difficulty in finding good garbage. At that time it was a rare thing when a scan found some turd stock with some volume and an RSI above 80, I even lowered my scan to 75 to just find anything. Now i'm not even bothering until it gets in the 90's and i'm careful even then, because where something that overbought would typically just collapse on itself, in this market one has to get covered quick when it comes off because the pullbacks are getting bought and pushed right back up.
