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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: put2rich who wrote (2907)	9/21/1998 2:21:00 PM
From: Hank	Read Replies (2) \| Respond to of 4634

Shorting a stock at any level is never dangerous if you are sure the price will eventually drop and you have the money to wait out a run up if it doesn't right away. ATHM will drop soon. I am confident of that. As for picking the tops, it ain't that easy. I'd rather short a sure thing and endure a little pain then wait too long and miss out. When stocks like ATHM do drop, they drop way to fast to short. That's why I said one should short in incremental amounts and be prepared for a run up. Look how far and fast it dropped last time. If you weren't already short, you missed out.