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To: Jon K. who wrote (3406)3/9/1999 12:53:00 AM
From: Dale BakerRead Replies (1) | Respond to of 118717
 
I never shorted the big-mo Internuts for more than a point or two. My mistake was not going long much. much earlier. I have been playing CMGI since early December - it's an absolute cash cow. Once I get better picking tops and bottoms, it should be even more rewarding.

A word of advice on shorting you must know by now: when you are shorting a momentum stock, put in a tight stop and leave it there. You will be much happier at the end of the day.

I am currently short PRBZ and behind a few points. I think it will tank later this year, if you're looking for an overvalued pig with less volatility.

Good luck.