Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: robt justine who wrote (44377)	9/13/1999 11:04:00 AM
From: scanshift	Read Replies (1) of 122087

Tenacity. Speaking from my recent experience, to come back from the SI dead you sure need that. Anyway, how about some shorts. I have been watching the tremendous up move in PHCM over the summer, and think that it is ahead of itself. Also, some of the heavy hitters I know who trade 1/2 million shares a day, have been trading mainly from the SHORT side an interesting spread. They have been scalping the BEL, GTE spread. BEL is taking over GTE, and if the deal goes down, the spread will go to 0. It has been trading in a range from the high 2's to the low 8's. I am short it in the 7 point range on the takeover ratio of short 1200 BEL to long 1000 GTE.

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