Roger's 1998 Short Picks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1998 Short Picks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Carl H. Gotsch who wrote (2472)	2/7/1998 2:14:00 PM
From: Pancho Villa	of 18691

>>In assessing the market projections implied by your resource allocation, it would be good to know if these percentages refer to an active trading account or are calculated on your entire portfolio, i.e., including 401Ks, IRAs, etc. If they apply to everything, then you are indeed in a bearish mood!<g> << You got it! They apply to everything! The short trades on AHP, AOL, BFIT and WDRY last week took me from neutral to 20% short. This is however not a long term allocation. It is just that I usually sell [short and sell long positions] when the market is up and buy [longs and cover shorts] on weakness. This generalizes a bit as [I did go long OXHP and covered IPIC last week but net I went short] you should worry about momentum, but in general it has worked well for me. A simple "buy low sell high" approach combined with fundamental analysis and a bit of patience. Very seldom exceute what you may call a short term trade (i.e., week or day trade). The shorts I may cover short term are AHP, I have a short term time horizon for a significant correction. Mat also cover my extended AOL short for a quick profit if it goes back to 90. I would still keep half my position though. Pancho Pancho

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next