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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 (2861)6/25/2001 9:48:19 PM
From: rocklobster  Read Replies (2) of 6873
 
Michail,

this is probably a dumb question, but if you're aware of this pattern, than why not go long on the way up and sell the spike at the top...that way the easy money is 100% of the spike up plus whatever comes before it instead of 40% of the spike on the way down. Just curious.. I've followed your thread with interest..

Also another question. what do you think of selling options. either covered calls or covered puts.. in the put case, covered with cash.. not a short position.. just curious..

thanks in advance

rok
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