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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 subject6/5/2001 10:06:02 PM
From: Michail Shadkin  Read Replies (1) of 6873
 
Review of current holdings:

BVEW long
I really like this one long term.
please read this post
Message 15899955

DLIA short
another total pos
looking for a retrace of 1/2 the recent gains back down to $4
will add at 6
no stops here
medium term position

EPAY short
down again today, looks really tired, still lots of room to fall
will add near 9
target 4s

GADZ long
3 up days in a row, amazing:-)
forward pe under 8
holding medium term.
target 17s

GOTO short
stop loss at 28.30 which would be a higher high than today and a new 52 week high.
Target 25
I dont believe I will be adding here.

IDN short
what a pos this is!!!!!!!!!!!
target mid 6s
will add at 10
longer term if needed here
no stops

HEPH short
target 5-6
would love to add near 9
continued the dump today, ton of room to fall, very tired

HLIT short
This has been a stubborn stock in the past.
very recent top around 11.50 nice resistance
also next very significant resistance at 12.75
I will add at 12.65
stop loss at 13 on any and all shares
target 9.50

INTU long
Target is 40 on these shares.
sold 1/2 today to start trading this one more (been a great easy trading stock lately)
nice holding to balance a bunch of shorts

MFNX short
Its either me or them, one of us will run out of cash:-)
see you all at ZERO
read this post please:
Message 15895477

RSTO short
gigantic run from 1.50 to 7.00 over 5 weeks.
time for a major retrace
target 4.00
no stop
will add near 8.00
showing zero strength, still long way to go to $4

SCMR short
we all already know what an atm machine this is.
Target 9s
no stop
will add close to 13
longer term if needed

TIVO boxed and neutral
what a pump and dump this was, a classic.
should be out of cash before yearend
gigantic loses
will unbox on any further spike

VIXL short
major pos, but probable not a zero
started with 1/4 position and hope it goes higher so I can add
will add at 6 and 7
no stops here
longer term position
started the dump after small gap up today

I love being on the dark side of the market.
Please notice I am only 43% invested of cash right now.
Make sure you allocate well on your shorts.
Show lots of patience on new positions, maybe even start smaller than usual until a clear direction is seen.

Nasdaq has had lots of trouble between 2250-2300 level, nice resistance here.

Not many warnings so far, summer rally might be coming, be extra careful on shorting.

Watch for July 17 as big reversal day.
Summer rally ran out of steam around this date 3 straight years.


traderpulse.com;
Michail
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