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


To: Ray Rueb who wrote (58382)7/31/2000 8:48:47 PM
From: UnBelievable  Respond to of 122087
 
Probably A Combination of End of Month Paint and PR

15 or 20 points on the morning of the last day of the end of the month, particularly for a stock with significant institutional ownership, is more than enough for me. Cover and wait till the end of the day to reshort.

This weekend there was a lot of PR about Fibre being the solutions to world peace and harmony. The link is only one of a genre.

Don't forget that patience with an open short position is not always a virtue. If it appears strong in the morning, cover and then reshort when it calms down. Don't get locked in by whatever price you have already shorted it at. The question always is why should I hold this short when it is going up.

Trailing stops, real or virtual, are a beautiful thing.

redherring.com