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

To: Gary M. Reed who wrote (3241)	10/1/1998 8:00:00 PM
From: RockyBalboa	Respond to of 4634

Hmmm. This depends on your investment horizon. Even Able Telekom almost doubled, or Macrochem in very short run before the - as ever - expected dive happened. Inserting 10k in long ABLE and the proceeds then in MCHM netted 30k, if you timed it right. But my "ultra mini time horizon pendulum" says that DTLN would dip tomorrow. DTLN had exactly the same trade pattern like a brazil stock I closely watch days ago in the same toxic mix of blunt selling and snapping up so called "quality" whatever that applies to. I hope you sold your position you had the opportunity in the 30s netting you some double perc. return. In this sector, I do not bother that much about good or bad financials but on the tide. Even Mr. Greenspan told in his today's LTCM paper (published today at Reuters), that "...assets, bad and good, are sold, indiscriminately...). C.