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Strategies & Market Trends : Lessons:"How to" properly exploit Price DROPS, in stocks -- Ignore unavailable to you. Want to Upgrade?


To: Jim Goodman who wrote (621)1/11/1999 8:50:00 AM
From: Hoatzin  Respond to of 660
 
Jim,

The financial section of my Sunday paper carried an ad for the services of James Dines, who is now calling himself "The Original Internet Bug". He states that the internet is the most significant event in economic history since the invention of money, and that internet stocks should always be bought on any dips, for ever. Or something like that.

Kevin



To: Jim Goodman who wrote (621)1/11/1999 10:43:00 PM
From: Nazbuster  Read Replies (1) | Respond to of 660
 
Jim, I agree that these Inuts show the insane vertical ascents of a market top, but who's got the cajones to short them? Tried today on DBCC and got caught in a firestorm. Tried again later and made 1 1/8 points, but not enough to recover the morning. Puts are outrageously expensive. How can one play this?

Mostly, I feel really sick that what could have been an orderly market in the best of economic times is setting itself up for a big fall... This will hurt everyone.