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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 (2584)6/21/2001 3:54:11 PM
From: golfnut777  Read Replies (3) | Respond to of 6873
 
Agree that diversification is important but I doubt many traders, including myself, have the resources to spread themselves amongst as many issues as you do, meaning we have to pick and choose carefully which ones we can ride with you on. I was close to pulling the trigger on WEBX around 20.

Doesn't getting nailed like this on WEBX violate one of your rules to only take small losses ? The chart shows a strong uptrend. How do you know this one isn't going to 30 ?

Not that we don't all make mistakes but noticed you also bashed AVCI which has gone ballistic over the last 2 days. Doesn't really matter if a stock is crap fundamentally on something deeply oversold and the momo crowd jumps in. Anyone that traded based on fundamentals during the internet bubble of '99 would have missed the ride completely.

Anyway, not trying to be critical, just an observation.



To: Michail Shadkin who wrote (2584)6/21/2001 11:25:13 PM
From: SouthFloridaGuy  Respond to of 6873
 
Great short on WEBX dude, totally uptrending stock - even with a stop loss there was no reason to get in front of a speeding train.

Why don't you short IPIC, I need to make some more money.