To: damniseedemons who wrote (7613 ) 2/25/1998 2:58:00 AM From: Bill Wexler Respond to of 27307
<<Wexler, not only are you a loser, but you don't win any sympathy points because you're so childish--which is why few people like you (from what I've seen all around SI). Gee Sal...(sniff)...maybe you're right...maybe I should strive to be well liked and poor. Speaking of which - got any hot stock tips? <<How is @Home (ATHM) doing? Hahahaha!!!!! Short it, short more, and keep shorting more until it hurts, baby!>> Save the S/M stuff for William. I'm not into that Sal. <<Seriously, a little decline in Yahoo over the last few days means little to me since I did not buy it for a short term trade>> Directly contradicting the post you made saying that you would "increase your position ASAP". <<And don't give us that BS about selling puts along the way. You only started with that line recently.>> Sorry Sal. It's true. I consistently recommend selling puts as a hedge for short positions that go underwater and have been doing so for quite some time. <<but you stay wrong. You're just plain stupid to keep digging your heeling in further and adding to your short position as the stock goes higher and higher. If you wanted to keep your short position, fine, but continuously adding to it?!?!? Good grief>> That's because I invest (not gamble) based on fundamentals and I never get overextended on a single position. I really don't mean to be boastful, but my yahoo short is pocket change compared to the remainder of my portfolio. <<You keep saying "eventually" it will go lower>> It will. Patience is a virtue. I think in terms of months and years. The short term volatility simply presents an opportunity short or long. The ensuing short term, volatility is statistical noise. The fundamentals always win in the end. That's why the majority of momentum investors lose their shirts. <<Of all people, someone with your record shouldn't be talking.>> LOL!!!!!!! Once again Sal, I don't mean to be boastful but I will compare my bottom line to yours any day of the week. In fact, I'll wager that my bottom line ten years ago had at least 2 more zeroes in it than the value of your current portfolio.