<<Jim, there were shorts who made good money in KTEL Thursday and
Friday. The super run-up was a "long trap". MARG, CYSP, HCOM, ALMI,
and others went through the same gyration. Last week was one of my
most profitable weeks, but I covered the positions at end of day, start
over again Monday.>>
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Roger, I think only professionals and/or people like you who can
watch every minute should try this "short" thing.
Roger, sometimes you give the impression that shorting is a
very easy game when you say you short ORG and make 20% in
one day, some novice who is reading this thread would think
that they can do like you do, but you need to let them know
it is not as easy as it looks (especially in this booming
market). Personally, if you have to play from the short side,
then take $1,000 and put it in 4 or 5 positions and try it out.
It is safer (in the sense that you will not get squeeze) to play
from the long side and if you are wrong, you can always turn
from a trader to an investor ...
Wish you continue success in your short game, to all others,
just stay long or cash, if you really are in the spirit of
gambling, try a few puts ... |
