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Strategies & Market Trends : ZixIt Corporation (ZIXI) -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (3329)12/28/2000 8:58:58 AM
From: Brad Davies  Read Replies (1) | Respond to of 4120
 
Dale,
I learned long ago to always have respect for the market.
I have been shorting this pig for two years, and even though we both know that in the long run it is going to zero, in the short run it can run significantly. In my view, to successfully short you have to be disciplined and cover at your break point, wherever you set it. I didn't do so yet, but I wouldn't hold on regardless of how far it runs.


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