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Strategies & Market Trends : Shorting stocks: High fliers -- Ignore unavailable to you. Want to Upgrade?


To: Brad Davies who wrote (459)3/23/1998 11:25:00 PM
From: Ken Brown  Read Replies (1) | Respond to of 709
 
Ron & Puck,

I've found that, while there's more money to be made in shorting the high fliers, personally, I've had much better success in shorting the "broken stocks". Admittedly, shorting high fliers feels more intuitive to me, a value-oriented investor. The problem is, it's so difficult to determine when "the street" is going to come to its senses.

The only high flier I'm currently short (and the only one I've touched in a long while) is TSS. And that isn't anywhere in the ballpark with YHOO, AMZN, etc.

Ken



To: Brad Davies who wrote (459)3/24/1998 7:56:00 PM
From: Anaxagoras  Respond to of 709
 
Hi Ron.

<<I will be waiting for YHOO and AMZN to turn though, and I am confident they will. Hopefully we only lost the battle, not the war.>>

You're a braver man than this little Puck. I'm coming to appreciate Falstaff's observation that discretion is the better part of valor. I don't think I'll try to engage either of those particular foes again anytime in the near future.

:-/