Hu model record - up 260% in 27 months Message Board

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Strategies & Market Trends : Hu model record - up 260% in 27 months

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To: Steve168 who started this subject	2/6/2004 11:34:49 AM
From: Steve168	Read Replies (1) of 32

Model turned short-term bullish 2/5/2004. Covered all short positions, QQQ around 36.5, it was shorted at 38.2, not bad for an index stock. Individual short positions are not doing well, AWE did not move, PCS lost money, AMR made money. WWCA lost money. Look like I should stick to the index stock short (QQQ, IWM, SPY) since it is more predictable. Also bought big position in ALVR around 11.8, expect ALVR bounce faster than market. Bought UTSI at 34.4, it is a low-cost China telecom equipment vendor. They don't have the leading(bleeding) edge technology, but they have been able to find the low-cost just-good-enough technology for China and other third-world countries. Those market are very cost prohibitive for the most advanced technology.

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