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


To: BelowTheCrowd who wrote (3899)12/2/1998 8:22:00 AM
From: Anaxagoras  Read Replies (1) | Respond to of 4634
 
<<...this is not a good time to open any shorts. >>

Well, partly true; it's not a good time for certain styles of shorting, so you just need to adjust this. Keep positions small, have tight mental stops, and be willing to babysit them during the day so you can cover when appropriate. This is not the time to say YHOO/AMZN/etc. is ridiculously overpriced on fundies, and I'm gonna sit and add to my position as it goes up because one day it will crash.

IMO,
Anaxagoras