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


To: RockyBalboa who wrote (4444)2/14/1999 3:32:00 PM
From: Bill Wexler  Respond to of 4634
 
I think that it is much, much safer to short the outright frauds such as ABTE, CCSI, etc. ABTE is about as close as you can get to "free money" on a short (caution: that's not to say that shorting it is without risk - remember that this is a company run by a bunch of crooked bastards that will say or do anything to artificially pump up the stock...and there are still plenty of suckers out there) On Jan. 12 I recommended getting out of the internuts and shorting some of the pseudo-internuts such as EGGS. I still think that would be a good idea. In the meantime, I am also selling puts on CPU, COST, CSCO and IFMX. In the longer term the market is going considerably higher.