SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Boca_PETE who wrote (7986)8/22/1999 8:59:00 PM
From: E_K_S  Read Replies (1) of 15132
 
Pete: By selling short a similar amount of "vested" stock will also limit any upside too. My approach would be to establish your hedged short position in three positions. When Brinker gives the BEAR signal, establish a 1/3 short position. Wait three months to see that the indicators continue on trend and then establish another 1/3 short position. Finally, if the BEAR gets ugly and it is one of those long term secular trends, then put the final 1/3 short in place.

When covering the short positions you can use the same approach by covering 1/3 of the short when Brinker's indicators show some sign of going positive. Continue to cover the shorts in 1/3 increments as the BEAR signals an "all clear".

This will allow you to establish a short on an "average cost basis" which will smooth the "trading" bumps over time.

Good Luck
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext