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Strategies & Market Trends : 50% Gains Investing

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To: jgideon who wrote (304)12/3/1997 4:15:00 AM
From: Dale BakerRead Replies (1) of 118717
 
Some thoughts from Tuesday on how a short position helps in a market like this. Without a short portfolio right now, I would have been down more than one percent yesterday thanks to the QNTM fall. Instead I came out ahead with four out of five short positions (BBTK, CDRD, MICCF and ZITL with SHEL unchanged) making money. Just a thought for surviving what Briefing says could be a very rough tech market in weeks to come.

Watch closely - TMBS is breaking down close to its pre-split price. Barring a major market meltdown it would be a good deal at 12 or less. I'll have my net out for some bottom fishing.

AVID - still some work to do.

Good luck to all today.
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