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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: art hebert who wrote (3422)10/7/1999 12:14:00 PM
From: Druss  Read Replies (1) | Respond to of 19428
 
Art--I hope you are playing with pocket change.
YHOO tends to make sharp and steep moves. For someone new to shorting you are sure willing to kick the tigers in the butt.
Good luck with it.
All the Best
Druss



To: art hebert who wrote (3422)10/7/1999 12:38:00 PM
From: CatLady  Read Replies (2) | Respond to of 19428
 
YHOO at 192 and still moving up. Did you stop out yet?

All the INUTS are looking strong to me, this doesn't look like the time to be shorting "1st tier" nuts. Maybe pick on some 3rd tier name instead?

BTW, don't listen to me! I'm no expert on trading these things.



To: art hebert who wrote (3422)10/8/1999 6:08:00 AM
From: RockyBalboa  Respond to of 19428
 
Although the time to sell yhoo is better than before earnings (yhoo always runs towards their earnings announcements, and settle down a bit later), I still refuse to short the big ones, as long as the market is so strong.

There are enough smaller companies around with visible triggers, like lockup ending, convertible /discount offerings, shrinking business/declining earnings, cooking books etc.
Would you really short it while it is growing at such a dizzying speed?

A one, or few days short of a well overextended issue can be in order (like SRT was), but even then it pays off to cover a few.