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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 (3268)7/2/2001 2:30:45 PM
From: Bocor  Respond to of 6873
 
I think this MCOM news of filing chapter 11 gives a nice opportunity to reiterate allocation. I was unmercifully squeezed in MCOM at its peak....not allocated, and thus forced to cover at very close to the all time high...now trading at a paltry $1.82.
I knew I was right, but I didn't understand allocation and timing.
Learn from that mistake, and as the most recent crop of runners and momentum junk crawls up your proverbial arse, remember MCOM. When you are right, all you need is time and allocation.