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To: Mama Bear who wrote (229)8/12/1998 1:23:00 PM
From: Phil(bullrider)  Read Replies (1) | Respond to of 253
 
Barb,

Although I totally agree with your analogy, you cannot factor in investor sentament in a horse race.

If you could, the nags would be winning. Look at the internuts. If one could look at a chart, or the financials of a company, and determine where the stock price is going, one could very soon become very wealthy. However, one can never determine whether a company will issue false news releases, etc., etc.

Please post your favorite short picks for today, in a PM if you wish, so that I can watch.

Thanks,
Phil



To: Mama Bear who wrote (229)8/13/1998 9:03:00 AM
From: taxikid  Read Replies (1) | Respond to of 253
 
loking for a horse with three legs can help, but i don't think it is easier to pick a better short. i have made money shorting and lost money short. i have made more buying and holding a well researched company and swing at the sell pitch. i could not short the stock that had given me such great returns. If i had i would have gained another 50%. bottom line is the market is a zero sum game. for one who does not have a lot of time it is vastly easier to buy and hold than research and margin and short.
taxi