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

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To: Michail Shadkin who wrote (762)5/20/2001 7:17:28 AM
From: GREENLAW4-7  Read Replies (1) of 6873
 
Mike GREAT THREAD!! Lots of luck!, As a short seller in this Greenspan bubble I wanted to throw some FLOATERS out there. A floater are stocks that are worth actually under $2-3.00 but are currently being either; Squeezed, News, or MM manipulation. My history as a trader was to short the CRAP.COM in 98,99, and 00! Remember as short traders you have to suffer PAIN 50% of the time to achieve a 300% return!

Short canidates; HLIT, RNWK, SONE, GOTO, FNSR. My current shorts are RNWK, SONE and HLIT. All three were squeezed DRY last week, I expect the following in pull backs. RNWK 10.5<, HLIT 6-7.5, SONE 8-9

Good luck all!
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