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Strategies & Market Trends : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?


To: The Perfect Hedge who wrote (714)4/22/1998 1:10:00 AM
From: HeyRainier  Read Replies (1) | Respond to of 1720
 
[ Short Selling ]

GD,

Many a shortseller has been turned back and beaten by some hyper-issues that refuse to heed the laws of sense or gravity. I believe we are in a market now that is characterized by a sudden proliferation of such issues.

I'm glad to hear that you are also looking to combine a technical short with a fundamental rationale--I believe you more or less double your odds of success with two confirming tools.

Aside from YURI (which isn't ready yet), I have no other issues that I am seriously considering as a short sale candidate. As for those mega-momentum issues, I will move as far to the side as I can if I am a short-seller.

We need a catalyst that will break the current mindset. I don't know what it may be, however. From my end, I know I am somewhat contributing to the figures on internet usage and e-commerce growth--Look at me, I just bought more books from Amazon.com a little while ago.

I'm getting more cautious every day, but am taking advantage of opportunities that fall within my grasp.

Regards,

Rainier



To: The Perfect Hedge who wrote (714)4/22/1998 9:42:00 AM
From: HeyRainier  Respond to of 1720
 
[ APLX ]

Strange market; when the stock didn't move, I sold. Out at 6 13/16. Buy on the rumor, sell on the news.

Rainier