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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Dale Baker who wrote (18569)4/12/2000 9:16:00 AM
From: Paul A   of 18691
 
I couldnt agree more Dale, and thanks for the comments.. When I started this insanity 5 or so years ago, I could have saved tons of money and aggrevation if I just sat down and read a book on money management.. Almost going BR on ADSP where I put all my money into a short that exploded sure taught me one helluva a lesson :)

I prefer shorting over going long only because when you manage to time it just right, the gains are fast and furious... but I have no problem covering a short and going long if I think its bottom.. no favoritism.. just mooonnneeeeeyyyyyyy

When the market stabilizes, I like to have a few long positions and I use the shorts for trading.. since I dont have a ton of cash to work with I tend to only hold positions for a few days, so hit/miss seems to be the way for me to go until hopefully one day I have a mountain of cash and I need to park the money in various places :)

lately try to go all cash each evening.. this thing is going to have to make a decision one way or another REAL soon..
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