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

To: HeyRainier who wrote (717)	4/22/1998 1:38:00 AM
From: ftth	Read Replies (1) \| Respond to of 1720

Hi Rainier, re: Many a shortseller has been turned back and beaten by some hyper-issues that refuse to heed the laws of sense or gravity. Very true, but gravity always prevails in the end....it's just a matter of when (Newton was a swing trader). And the mass has gotten larger on the way up, so they'll come down hard and fast. We just need to reach a point where the last buyer buys (i.e. several narrow range days of close near the open). I suspect we're still a couple/few weeks off because the signs aren't really there yet. About the time I feel like I HAVE TO buy these piles of junk because nothing else is moving, that's when it's time to short big time. I'm starting to hear people who generally never talk about stocks talk about buying internet stocks, citing the huge recent moves as if it is guaranteed to continue forever, and they can't lose, so we must be close! dh