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

To: SEAN007 who wrote (2848)	6/25/2001 2:10:50 PM
From: redwood	Respond to of 6873

he means he only covered those shares that he bought at 29.75.... for a profit on only those shares...he has 3 buys on webx so far...yes ...the others are still at a loss..sorry for barging in michail<gggg>

To: SEAN007 who wrote (2848)	6/25/2001 2:17:30 PM
From: Michail Shadkin	Respond to of 6873

Sean - Re: WEBX I sold short WEBX at 3 different levels 1/2 position each 19.85 21.90 29.75 Today I covered my 1/2 position from 29.75 at 26.30 +3.40 The SI portfolio tracker is confusing enough to look at for many. I use last in , first out - LIFO So each entry is a seperate line item and I never bunch them together or change cost basis. I am still holding my shares from 19.85 and 21.90 Those are reflected on the SI portfolio as unrealized losses (they can be clearly seen there) and today's cover profit from trading shares from 29.75 went into the cash line which is realized gains. If you or anyone else need further clarification, please let me know. Michail