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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: dennis michael patterson who wrote (21190)	5/24/1999 11:31:00 PM
From: Robert Brooks	Read Replies (1) \| Respond to of 42787

I agree with you about Zanger. He's right on the money with many of his calls. (And I appreciate you bringing his newsletter to our attention--I think I'm going to subscribe when trial runs out). Like you I had CMGI this morning (from Friday's close). Dumped it quickly after watching charts and indicators for a few minutes. Shorted AMZN for 10 points, so I didn't do too poorly. Analyst on CNBC today was emphasizing that most daytraders have never gone through a down market. Consequently they do not like to nor know how to short stocks successfully. I'd much rather go long but to survive, you've got to learn to play the downside as well. Regards, RB