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

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To: tool dude who wrote (36205)5/15/1999 4:09:00 PM
From: Jesse Livermore  Read Replies (2) of 122087
 
Hi guys, allow me to join the bear den. I have been hibernating for 12 long years and see some opportunity to get back in the swing of things on the short side. Currently, long only two stocks, but I always liked the short side better so:

SEVL an internet software firm that carries a high sales/price ratio, heavy insider selling and testing support levels at $6 after a suspicious run up to $10 in March on news of providing tutorials to AOL members.

A short at $6 with a stop loss at $6 3/4 because if it breaks $5 again it could drop back to $3 for a 50% gain. it is worth the risk of 3/4 of a point.

Jesse
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