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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Pink Minion who wrote (2808)6/27/2000 3:05:00 PM
From: Mark Johnson  Respond to of 30051
 
<<<Any stock that attracts idiots like M Johnson have always been a great short.>>>

Don't forget idiots like CIBC World MKTS.....



To: Pink Minion who wrote (2808)6/28/2000 8:49:00 AM
From: Zeev Hed  Read Replies (2) | Respond to of 30051
 
Ex, actually, VLNC here in the $18.5 to $19 area is a relatively safe short, particularly if the turnips were wrong. This because you can use a stop loss which is no more than 10% (I would say about $20.25 or so). Personally, I would not do it (I do not short), because there is still the outside possibility that the very large volume few days back was "for real", this possibility is declining and my own stop loss of my long is around $16.5.

Zeev