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Technology Stocks : eShare Technolgies (ESHR) -- Ignore unavailable to you. Want to Upgrade?


To: C.Carlos who wrote (407)1/2/2000 10:44:00 AM
From: Paul A  Respond to of 653
 
Carlos, I actually think that this is what was missing in the last runup- Shorts..

Some of my biggest loses shortings stocks was simply because too many people shorted, and the stock squeezed.. ESHR just ran out of gas in the 20s and didnt have the support of short covering so it dropped back into the teens..

The downside is so limited.. but its no longer good for trading, just positioning.. which is perfect.. Worked for me from 8 to the 20s.. and its going to work now from the teens to the 30s..