Pump's daily trading recs, emphasis on short selling Message Board

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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: Walk Softly who wrote (1926)	6/10/2001 1:43:57 PM
From: mishedlo	of 6873

Walk Softly. Please read the nature of this board. Emphasis is on Short Selling and Value plays. What you are doing is MOMO plays not value plays. I do not discount the TA, in fact I did not check. But a break of 25 leading to 26 is really absurd. Anyone playing for 1 point on a stock at 25 is being silly IMHO. Had you said a break of 25 could lead to 30 at least it would have had some meaning. If the stock was at 4 and had you said a break of 5 could lead to 6, well that is significant as well. Thus, your post, even if correct was hardly practical information except to perhaps impress us with your knowlege of resistance FIRMLY at 26, else you would have said a higher number. The reason we are here is to find entry and exit points on POS stocks to short and value plays for the long haul. MUSE etc etc etc etc etc etc etc at a PE of over 200 is hardly a value play. In fact tell me any "value" plays that you have mentioned on all your long plays. You might also note that Michail stays away from most of the tech momo plays as short candidates as well, prefering stuff with a decent chance to fall to ZERO. As for me not offering anything. Well perhaps that is true. I do have an occasional question that Michail answers and hopefully others were interested in the answer. My last question was on when to short MU. I believe that was a general interest question that others might have been interested in. But assuming that I am not offering anything, my 2-3 weekly posts are sure not subtracting much either. At least two other people agree that you are substracting. It is not my place to police Michail's board but I wanted my feelings known. Hopefully Michail will comment on this himself and we all (hopefully you as well) can abide by the answer. M

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