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To: Smart Investor who wrote (16271)12/23/1998 12:28:00 PM
From: Chuck Molinary  Read Replies (1) | Respond to of 27307
 
Smart,
UBID has topped, at least IMO. Fortunately my broker has restricted it from shorting. Otherwise I'd be selling a bunch. There is no telling which way it'll go from here. But its been trading for an hour in the 181 - 183 range. That leads me to believe that it's being set up for a fall. Knowing you, I would think it would make a great short candidate. Risk is too high for me though.

I'm taking my chips up to the window now and going home. I blew through my year-end portfolio target yesterday so it's time for a rest. I'm going to let a large NAVR position run and see what happens. And before I go to bed, I'll thank the Lord for COMS, ORCL, CATP, HD, and EMC.

I never thought I would view YHOO as a "dull" stock but the way some of these other issues are moving: IMAL, UBID, MALL...gimme a break!

Happy holidays and peace to all - I may check in tomorrow.
ctm