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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Tim Bagwell who wrote (13106)3/15/2001 4:12:48 PM
From: Lone Ranger  Respond to of 42834
 
tim,
agreed.



To: Tim Bagwell who wrote (13106)3/15/2001 4:30:59 PM
From: Boca_PETE  Read Replies (1) | Respond to of 42834
 
Tim Bagwell: RE: ("Bob's lack of a viable shorting strategy is a huge hole in his methods and one that could have paid off big time.")

In retrospect, I totally agree with your view on this issue. I think his attitude toward short selling caused him to miss a big opportunity to add value to subscribers' portfolios. The stereotypical view of short selling is that the loss potential is infinite, when in fact one can close out a short position with a phone call if the trade goes against you. It is not constructive to perpetuate that stereotype.

FWIW,

P



To: Tim Bagwell who wrote (13106)3/15/2001 5:58:06 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 42834
 
tim, shorting is extremely risky and requires even more discipline - much more - than managing your long positions.

hindsight is great, but i know folks who were DEAD RIGHT on fundamentals and lost millions shorting and overvalued turd of a net stock.

shorting isn't bad, but you better not let it run or it can run you over in a *painful* way.

buying puts - in na disciplined system - is another way to play the game down side.