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


To: Anthony@Pacific who wrote (61946)11/4/2000 4:40:22 PM
From: Taki  Respond to of 122087
 
That is what people should know, before they believe that A@P is losing his ass on some calls that you may not hit them right on target
from initial position.
Ex MMaker should say it all.
You short at $10 let's say, and it goes to $15, they should realize that most of the times A@P will hit it again, and if it goes to $20, then again, and as it goes higher again, and that way he brings his average higher, and when it crashes he has the last laugh with a boat of $$$$$$.
I guess a lot of them
need to learn from the post below, before they think that A@P is losing his ass on some calls.
Yes you lose some money on some calls, but you make it back ten times more on others.
So who is the winner?I let Tony figure that one.The one and only A@P.Yeaaaaaaaaaaaaaaaaaaaa.
<<<Having been a mkt maker, I have ridden a short from 11 to 60( ADSP ) , from 17 to 38 ( SOLV )and from 30 to 200, from 12 to 38 ( QGLY ), from 60 to 90( KIDE )from 48-97 ( ETYS ) ( PRST )only to close out the position at a profit in the end...THESE are the same people who were screaming that I was crazy for shorting KIDE and ETYSn last year at this same time..and that I should go long..yadd yadd yadda yadda..they only confirm their idiocy in 2 -3 short months...In the meantime it hurts & may even be a bit painful but but in the end ..i mnade money or learned a valuable lesson..Most likely both ( I cant pick the top or the bottom in most cases but I can ride the storm >>>



To: Anthony@Pacific who wrote (61946)11/4/2000 8:18:24 PM
From: steve h  Read Replies (1) | Respond to of 122087
 
Anthony,
Just wanted to say thanks for your post to Rusha99. I'm new to shorting and am also going through growing pains.

My new mantra:
This is not daytrading, This is not daytrading, This is not daytrading... :)

Upon review, my most profitable trades were shorts started with confidence and proper allocation. As the price went up, I would add to my position, then cash in on the drop. The winners and most importantly, losers provide valuable experience and lessons.

My thanks to you and all others who have helped me become a profitable shorter.

Steve h



To: Anthony@Pacific who wrote (61946)11/4/2000 9:05:56 PM
From: rusha99  Read Replies (1) | Respond to of 122087
 
Thanks Anthony, I do have LOTS and LOTS to learn. Some days I win, some days I get burned and sore. I hope I'm getting better, but I wonder sometimes.

>this is great market to learn in if you can survive<

Survival is key, having money to come back another day. That's what I want. I will survive.

Well, it helps to have a network and a place to learn. Thanks Anthony and all here at SI...especially the Knows Picker and also Velo. Sharing picks really does help. Maybe someday I'll be posting great picks? Hope so. Hang in there with me cuz I really think that following principles learned here, I can do it...with a little help from my friends.

Pardon the Gloria Gaynor and the Beatles lyrics. Night.



To: Anthony@Pacific who wrote (61946)11/5/2000 1:23:38 AM
From: Cube  Read Replies (1) | Respond to of 122087
 
Anthony,

I remember the pain of OMGA last year. That worthless piece of dung went from 8 to 14 in an orchestrated squeeze against you personally. The insiders monitored your thread and bragged about how they were going to teach you a lesson or two. That one took about 2 months for the bubble to burst, and now everyday is just a new flush in the life of OMGA, a turd that gets closer and closer to the septic tank.

Cube