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Non-Tech : Labor Ready (LRW)

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To: oilbabe who wrote (299)9/4/1999 5:04:00 PM
From: Jim Berg   of 379
 
This is responce to your post# 299
Shorting can seem like playing with fire sometimes but
the key to success is to know your company. and follow
a few rules.
1. never short on upward momentum, It could continue up.
2. never short in the best of times for a company.
3. always start the short near the top of downward momentum.
4. never gamble from halfway down " this is where its
easy to get stuck in a squeeze.
5. don't short on margin this will force you into reacting
to a squeeze.
6. on downward momentum those spikes up are usually short
lived and downward momentum will continue soon after. Its
just as important " short to not panic as it is long "
I hope this is some help
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