Dave Gore's Trades That Make Sense Message Board

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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: mishedlo who wrote (12825)	9/25/2002 7:47:51 PM
From: Dave Gore	Read Replies (2) of 16631

Mish, see what I mean. "Shorting" can be hazardous to your health as well. Two firms upgrading motherboard growth to as high as 16% for September today, sparking a SOX rally and two excellent retail reports after the bell, which should give the Retail sector a kick tomorrow. Meanwhile with patient and timely buying, a lot of us made 7-11% today. Even crappy ATML was up 21% in one day. You can make a living by going "long" with trades. Hopefully we can again find some 80% gains in 1-2 days like we did in early summer. Again, I agree shorting makes sense too if you can mentally handle both sides of the equation. One thing you can't do is make blanket statements about how shorting or going long is the answer. They both are correct, at certain times. You said yesterday: <You have asked me for plays and I give them. Short and hold GM S CIT COF IBM HI Short any bounces. Thanks for supplying the picks and sticking your neck out. I can respect you or anyone for doing that.

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