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 9:58:04 PM
From: Michail Shadkin	of 6873

The 3 day Rule for shorting This one is a must, unless it is real bear market. Never short stocks on the first day of the pump. In the market things run in 3s generally. 3 up days and then a retrace of some kind (this is very general, but very true) In bullish markets, like the last months, my recommendation is dont short until the 3rd day of the pump or be really safe and wait until the 5th. This will eliminate many shorts and keep you in technically favorable ones and keep you out of harms way. Many Happy Returns. Michail

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