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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Hank who wrote (419)3/14/1998 11:55:00 AM
From: Jim Roof  Read Replies (1) | Respond to of 4634
 
How does my 'advice' to short ZONA when it hits 30 differ from Bill's advice to short it now - other than that fact that if ZONA does hit 30 and you did take my 'advice' then you will have made a much better trade?

I have said time and time again that I do not know the inner workings of ZONA's business and all my discussions on it are based on old-fashioned technical chart patterns - that's all. I stand by it again - the chart (and the chart alone, mind you) says ZONA is predisposed to get to 30. I am not long and have no desire to be because I think fundamentally Bill is right on this one. I would rather wait for opportunities where I am convinced that the technical and fundamental picture are BOTH working in my favor.

If you choose to stick to only fundamentals then that's fine.

Jim