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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling -- Ignore unavailable to you. Want to Upgrade?

To: Michail Shadkin who wrote (1057)	5/24/2001 10:31:20 PM
From: Torus	Read Replies (1) \| Respond to of 6873

Michail, I'm thinking of REFR as a short. Could you take a look at your convenience and give an opinion?

To: Michail Shadkin who wrote (1057)	5/24/2001 11:35:07 PM
From: McNabb Brothers	Respond to of 6873

Michail, Selling options naked in most cases is better than selling short, for with options one gets to sell the time value that is built into the option as well. I'm a great believer in selling options naked rather it be calls or puts. One just has to be willing to go short the stock if if it is called from you or buy the stock if it is put to you. Options are for selling because 100% of all the time value will expire worthless and I hate to pay for that time value knowing it will expire! I've also have always liked my account being credited with money as to having it debited by buying options. The smart money sells options! Hank