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

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To: Electric who wrote (1003)5/25/2001 12:01:01 AM
From: Michail Shadkin  Read Replies (2) of 6873
 
Electric - Re: exiting short positions

My patience totally depends on the stock.
I usually try to retrace 40% of the recent move.

Overvalued shorts I use stops and will start with larger positions.

Total pos stocks that I hate, no stops usually. I start 1/3 to 1/2 positions and add in 15-20% intervals and have no problem holding long term, unless the business is actually starts improving.

Michail
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