Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: d. alexander who wrote (23266)	8/30/1999 9:58:00 PM
From: ynot	Read Replies (1) \| Respond to of 68364

from the middle, i'm afraid :) discovered TA when i got soaked in a 'sure thing' FA purchase discovered momo in the penny stocks, had help by one of the best on SI read the short threads followed the threads/market i knew a little about learned some better dd habits from the shorts learned that PR's in the pennies same as PR's in the big leagues figured out that broker rec is about as good as penny pumping all imho, and from someone worn out by his daughter during the day :) you'll have to start somewhere, i was lazy and started in the middle good luck ynot ;)

To: d. alexander who wrote (23266)	8/30/1999 10:46:00 PM
From: drsvelte	Read Replies (1) \| Respond to of 68364

Shorting Well, d., shorting is really no different than being long...you are just looking for signals "upside down." Actually, you can make quicker gains on the short side as stocks deflate more quickly than they inflate. But 1. One rule that I have learned the hard way is to not short stocks based upon "valuation." Last fall I was short YHOO at 115 or so. I thought it was incredibly overvalued, yet some were calling for a price of 350. It blew by 350. 2. If you can find companies that are broken or a fraud situation, they can be great shorts. I made a great deal of $$ shorting ZITL and ZONA.. actually covered my ZONA short about a year ago at 13, yet it it has really crashed since FDA approval failures. 3. If you are a technical trader, use your indicators to identify potential shorts. I look for break downs of a congestion pattern on above average volume.