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Strategies & Market Trends : WR's Momentum Trades
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To: ChrisJP who wrote (8816)11/12/2000 11:01:59 PM
From: Bernard Ng  Read Replies (1) of 11130
 
Hi Chris, I only have IIVI and ASYS in my short positions, will cover my short when they gap up. I've also set a tight trailing stop limit to prevent intraday spike.

Interesting EGGS comparison with ASYS, but I guess with my profit taking rule above, I can ride the whole downtrend :-)

NEON, I heard that you will use market order once it goes below $18. Rumor is that you are the ax to support the bid of NEON :-)

INSP... very tempting to short it because of the high P/E.

Short all computer seller, like Dell, Gateway, IBM, etc... they are the next group to get suck into the long downtrend, IMHO. Starting from the one with highest P/E.

Thanks for your ISSS BTW ;-)

Bernard
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