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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Cheeky Kid who wrote (47304)	12/5/1999 3:21:00 AM
From: Anthony@Pacific	Read Replies (2) \| Respond to of 122088

Thanx Cheeky, I just wanted people to see through the misperception of what shorting is all about. the %'s dont tell the whole story... For example <--I can make MORE ona 80% gain on a stock and stillmake more than a long did who made 150% on the same exact stock, Example ADSP case in point: If you bought at 20 1000 shares and sold at 55<--you had a 185% return If you shorted @ 55 and cover at todays price of 10 1/2<-- you gave a gain of only 80% The point is , saying you made 200% on a stock in no way tells the whole story..In this case a 80% return is more profitable, in the end than a 185% return.. The only thing that counts ..is the bottom line ...CASH profit the %'s are totally irrelevant, and when people saY I make 20% or 15% ONLY on thes calls.. They dont realize , I still may be making more short than being long the same stock It is about riding an elevator down from the top,, and not from The bottom to a lower point...