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: John Lacelle who wrote (334)	5/7/2001 11:31:31 PM
From: Michail Shadkin	Read Replies (3) of 6873

John Lacelle - lots of variables go into such a decision If its a momentum pos, I would cut my loses and reshort at a later time. if its a true GTZ like LNUX, I would wait it out. It is always very important not to be fully invested. Always leave some powder dry for special occasions. What I like doing on GTZ long-term shorts is slowly average in for a core position. Then trade with some additional trading shares to lower my cost. Also, the overall market has a lot to do with the decision. In a giant bull run, even the worst pos will run for quite some time. Try to look where major resistance levels are and maybe put a stop loss just above. Like I said, totally depends on the stock and the situation. Good Luck Michail BTW, I would be more than happy to provide a specific opinion if you like. You can always PM me.

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