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Strategies & Market Trends : Position Trading Forum

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To: Tim Luke who wrote (4003)10/27/1998 9:34:00 PM
From: Pullin-GS  Read Replies (2) of 7247
 
Shorted 4 stocks today making money on each one.....held a few "longies" for unrealized losses....

When I run my scans I have 2 types of flags..."sell" and "buy".

It it comes up sell and I dont happen to own the stock at the time, I sell it anyway....its called going short, promising my broker to buy it back at a later time. My best trades durring bear markets are shorts, being that it is unwise to fight the market trend.

Having said that, I am putting ESTI on my short watch list. ESTI was halted today, pending good news....it will run hard....it may even run for a week or more, but it will indeed ring in a good short when it turns.
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