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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (3181)2/10/1999 3:55:00 PM
From: Glass House  Read Replies (1) of 57584
 
Rande, I like you , have never shorted. However, this whole rehashing of shorting has made me rethink that position. We know that certain stocks (RFGI in this case) are being overbought because of internet trading. They usually hit a ceiling within a few days and fall back. Shorting is probably safer on those as it is easier to see a fall than the earlier potential rise (I'm not good like you and William in sorting the wheat from the chaff). As to the RFGI shorters at 10, let's not boo hoo for them. They took the risks let their guts feel the stress. My guess is that if they hold for a couple of days they're looking at a double when it falls to 5. My two cents, Glass.
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