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Technology Stocks : Compaq
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To: michael who wrote (28734)7/9/1998 1:02:00 PM
From: James H. Williams  Read Replies (2) of 97611
 
How come you announce your shorts when you do them, but not your covers? Last we heard, you were short at 28-11/16..are you saying you covered that? Did you do any better than break even on that? It doesn't seem there was much of an opportunity.

Anyone can announce that they shorted or covered at "exactly" the right time. It doesn't carry much weight when you reveal your moves after the results are known.

Also, doesn't "knowing when to short" imply that you do it when you can make a profit? Although shorting and covering to correct a mistake are normal (and better than the alternative), is it really a demonstration of "knowing when to short?" Or is it...say, guessing? How was your last short demonstration of your uncanny ability?

Before you answer, please notice I am not attacking you personally, just discussing your supposedly successful strategy.
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