Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: wmwmw who wrote (13421)	2/22/1999 11:23:00 AM
From: M. LaMancha	Read Replies (1) of 122087

Mr. Wei -- just my experience, but the trades where I've made the most are the ones where the position started out small and I shorted more at higher levels. PRFM and IMON are two examples, where the first shorts were well away from the high. When I don't make much money is when I put in 25% as on OMGA and it gaps down instead of up. (I was hoping for a one or two point gap up this morning but still glad I was in.) I'm in on all trades I can be with around 25% in case it goes down (like OMGA) and I average up on the ones that go up (like JBOH). If you think this is a science where you can go 100% at the high every time, please tell me your thread and I will read every one of your posts -- but I'll wait until you can say you hit every high on the mark before I put any money in.

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