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


To: Bill Wexler who wrote (469)3/30/1998 8:32:00 PM
From: Bill Wexler  Read Replies (3) | Respond to of 4634
 
Checkup on the DOOM INDEX (tm)

Current DOOM INDEX (tm) (with recommended and current price):

ATHM 29 33
ALTIF 13 9
BTIM 17 14
CCSI 14 12
ENML 14 10
HEPH 18 17
HMSC 11 7
NSPK 25 30
TCOMA 30 31
TRBO 10 8
ZITL 12 15
ZONA 21 22

The poorest performers have been ATHM and NSPK. No surprise here since they are in the red-hot and insanely overpriced internet sector. However, I still see no reason to cover any of my short recommendations and predict that all these stocks are heading significantly lower.

Note: when I started the DOOM INDEX (tm) on Feb. 19

Dow: 8450
NASDAQ: 1715
S&P: 1031

Currently:

Dow: 8782 +4%
NASDAQ: 1818 +6%
S&P: 1093 +6%