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To: re3 who wrote (39070)5/6/1999 1:24:00 PM
From: J. P.  Respond to of 86076
 
Here's a quick and dirty indicator of how the general investor might be doing. For the month of April, I tried the Yahoo! investment challenge, link is on this page: quote.yahoo.com

All I did was buy ABX with the fake 100K they give you (used the full amount). The result was that at the end of the month I was in the top 20% of all investors, placed 35,000 out of 180,000 people...I looked at the ones that finished high up in this contest and they have hundreds of trades each of net stocks....

But being short has not been particularly profitable for me this year, with the exception of a one time huge gain on Micron's fall.



To: re3 who wrote (39070)5/6/1999 1:30:00 PM
From: Bonnie Bear  Respond to of 86076
 
I think 3) is true.
gosh, it's OK by me. It gives me a chance to get just incredibly cheap prices on reits and smallcaps and utilities. I don't invest in the index because I don't want to own microsoft or intel stock...we've used macs for a couple of decades (the guy of the house is a mac/unix developer) and I will only use microsoft products under duress.



To: re3 who wrote (39070)5/6/1999 3:35:00 PM
From: IceShark  Read Replies (1) | Respond to of 86076
 
Howard, Short POS1 at the open this morning. -g-

Well can the market be ramped positive by close?