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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Mike Maxton who wrote (18242)6/17/1999 11:05:00 AM
From: Pete Mason   of 18691
 
>> I have played TMSR for the last year, mostly short, but long for some quick trades too. <<

Then you've been smarter than I have; I only go short on this one... it goes up, I short some more! Am currently pretty far underwater on it. While I have a lot shorted at 21 1/2, I think I started shorting at just under $10! Those trades look crappy now--well actually they'll always look crappy!--but I have no doubt that I will make money from them eventually... my plan is to think about covering in the mid-single digits at some point six months to a year from now.

-- Pete
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