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Strategies & Market Trends : DAYTRADING Fundamentals

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To: E. Davies who wrote (5351)11/12/1999 9:01:00 AM
From: Dave O.  Read Replies (1) of 18137
 
My 2 cents ... I see so many people talk about only the long side. You said "buy on a selling panic and sell on a buying panic". To me, much opportunity is missed by many who never play the short side. Someone else yesterday implied they missed opportunity and are afraid to buy now for fear of a top. I've played the short side exclusively the past 2 weeks, during the run up and done very well. Just find a few very overbought stocks, where volume is tapering a bit and consider the short side. Playing only the long side to me is like playing 50% of a basketball game. And there's plenty of opportunity every day, long and short.

Dave
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