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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Art Baeckel who wrote (1085)	5/25/2001 11:53:45 AM
From: Steve Fancy	Read Replies (1) of 6873

Art, I really like ALA, but LU damage could get worse yet. I trust 'ole serge in the long haul but have been looking at some hedging strategies. That said, maybe the worst of the damage is built in as this has certainly been a highly publisized story. If it goes lower I would expect it to bottom over the next 30 days or so. A lot of support in here but wouldn't surprise me to see it head for 24. I suppose my advise if you go long would be to step into it. I am especially nervous right now as I think US markets go lower yet over the next 30 days and they will likely take many other markets down with them. Closed out most Brazil positions as if this scenerio develops I think the Ibovespa could break 14000 with the Argentina and political jitters over there. I2 and SCMR showing no signs of breaking down. Good luck! Steve

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next