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 wrote (172)	5/2/2001 11:25:11 PM
From: Torus	Read Replies (1) of 6873

Michail, I've really enjoyed reading your thread the past few days and will continue to do so. I really appreciate your disclosure of your trades and concise reasoning behind them. Unfortunately, I jumped the gun on shorting PCLN yesterday. Today I picked up quite a bit of HOTJ at the close so I'm hopeful for a jump tomorrow. I tried to short LVLT twice today but never got filled before it dropped quickly. Perhaps tomorrow. Since you state that you usually limit your losses to 10% maximum, I'm curious why you shorted more LVLT at a 20% loss rather than covering earlier. Are you more confident in this short? If so, why? Thanks again

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