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To: JHR who wrote (2115)8/25/1998 9:23:00 PM
From: Thean  Read Replies (1) | Respond to of 14427
 
JHR,
Welcome. The newsletter guy you mentioned happens to be LT's twin brother who also lives in Austin. Coincidence? You may want to think again. It could be LT himself afterall. <gg>

Playing short is in a lot of ways similar to long. Rule #1 is the holding period for shorts should be shorter than long, everything else begin equal. Be careful of trend turning and you have to pay close attention to that. Just because it is easy to profit these days on the short side does not mean one should fall in love with being short. One should go short for as long as one believes being short is more profitable. The drillers really have given us a true taste of both sides of the plate. Being a few months late when the trend turns can be really costly. Need to be flexible.

Think of going short just as another investment vehicle or tool. Since you are in the golf business, you should understand this:

A driver is a lousy club on the green.
A putter drives nothing but miscue during tee-off.

Good luck.

Now Sand, what is the best situation to use your Wedge?

LT - DELL may be 200 and then it corrects 100 points by year 2000. Your cost basis is below $100. Don't sound good.



To: JHR who wrote (2115)8/25/1998 9:44:00 PM
From: waverider  Respond to of 14427
 
>>Thats what my wife does to me when I say something stupid.<<

Oh God! Is that why my wife didn't say anything to me back in April!

"Honey, I'm really feeling GOOD about our stock account. We've got a lot of solid, undervalued companies that will do very well this year.

Honey? Honey? Honey!"

<H>

Postscript: I don't even want to think what she would have done if I had kept those undervalued things.