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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Peter V who wrote (195)1/5/1998 11:16:00 PM
From: Cosmo Daisey  Read Replies (1) of 18691
 
Peter,
Due to good timing I have never had a margin call. Also I keep some of my core long holdings in the same account so I have plenty of buying power in reserve. The day after I shorted AVNT it lost 3+ points, the day after ZONA it lost a couple, the day after TALK a couple also. CREE 1 1/2 so its timing, timing , timing. Once I am in a positive cash mode its easier to handle the day to day movements. Three days after I shorted GTW it was up two so I covered and took the loss, if I had stayed I would be down eight points. Timing, Timing, Timing. Shorting on a good up day is the hardest thing to do but the best timing, today was clasic.
Cosmo
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