Three Amigos Stock Thread Message Board

STOCKTALK

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.

Strategies & Market Trends : Three Amigos Stock Thread

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: LAWRENCE C. who wrote (21106)	10/1/2000 1:19:38 AM
From: Ken W	Read Replies (2) of 29382

Larry, "looking to short" You'll get no arguement from me, re: shorting. Selling short is merely a instrument to make money. No different than going long in a bull trend. I realize that shorting is viewed as making money from someone elses losses, but IMO when you buy stock long from someone else and gain, whoever you bought the stock from lost that gain by selling you the stock. Obviously a great number of people no longer look upon shorting with such distain or there would not be record short positions in the overall market. One word of caution though on shorting. The market in general is very oversold and moving sideways with no real direction up or down...the saying goes "never short a sideways market" I would adhere to that unless you see some obvious parabolic moves for little or no reason. Presently I'm watching RDRT for just such an opp. If it can't sustain 12 over the next week then I'll be short the stock back to 10. Ken

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next