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Technology Stocks : BroadVision (BVSN)
BVSN 4.410-0.5%May 18 5:00 PM EST

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To: marketbrief.com who wrote (1732)7/18/1999 11:46:00 AM
From: GraceZ  Read Replies (2) of 3773
 
if it sets up to give me some money from the short side, I will take it and move on.
Just as long as you decide ahead of time how much you want to lose! My point was that the shorts have made nothing on this stock compared to those who decided to go long back in May with much less risk.. 40 to 70-80 something is a nice return for less than six weeks (maybe not enough for a daytrader). Rande says it better than I can. Here's how he explains the difference.

Remember this. . . .percentages are greater moving up than down. For instance. . .a short at 10 with a cover at 5 yields a gain of 50 percent. Whereas a buy at 5 need only rise to 7.50 to yield 50 percent. But a short-sell at 5 that must be covered at 10 is a loss of 100 percent. And that is just another reason why those swing-trading longs successfully will ALWAYS make far more dough than those short-selling. . .when making an equal number of trades. . . it is just simple mathematics.
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