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Strategies & Market Trends : Temp. Home of Cooperative Group-Trading

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To: Rajiv who wrote (406)7/2/1999 6:39:00 PM
From: Zeev Hed  Read Replies (1) of 790
 
Rajiv, just remember, SI has a "spam" detector and if you post the same thing on multiple thread you go directly to SI Jail. So reword each post.

By the way, right now, at least for another week or two, I do not think that short plays, particularly in volatile stocks will be very profitable. Few short play are relatively "safe" because of their own special conditions (MVIS, warrants conversion, UOLP and AND the issuance of a floorless are examples), all three are down to "steady in a market making new highs. If you go after the over priced I-nuts, you may have your head handed to you, they will move with the market and the ridiculous IPO's. I think that a good time to short the I-nuts will be latter this summer, maybe two maybe four weeks, wehn this summer rally dissipates. In the meanwhile you guys should enjoy some on the long side. Do not fight the trend.

Good luck

Zeev
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