Pump's daily trading recs, emphasis on short selling Message Board

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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: Michail Shadkin who started this subject	5/1/2001 12:44:47 AM
From: rupers	Read Replies (2) of 6873

Michail. Only shorts I have going right now are a small position in RIMM @ 27.5 (no, I didn't stop loss, so it's just holding some capital hostage, lol) and heavy short positions in XLA (ranging from 5.93 to 6.20). My XLA shorts could burn me (I've been burned by shorting XLA before during the irrational bubble days), but I'm convinced it's a POS and will go down, despite the frequent PR hype by Vik. Institutional investors will barely touch that crap. Lack of transparency is a concern. Looking to cover 50% XLA at 5.30 and intend to hold the remaining 50% shorts longer term.

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