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


To: Frank who wrote (4016)7/16/2001 9:20:07 AM
From: Bear Down  Respond to of 6873
 
Frank,

Can't givve you a trade until it happens. But The 2 I gave you can be sold over and over at any price. You build positions and in them end you reap rewards. i am not a daytrader looking to take half a point here and there. I find total garbage stocks and build positions over time, then reap the rewards.

I make plays as they come up. I can't give you a trade today on a stock that I have seen no action on today. For instance, If a stock like zixi were up 10-20% today, I would sell it short as well. (and i would sell a lot of it) But i can't give you that call till it happens. (BTW I am short zixi and have been snce 92 1/4) I can tell you I will add on any good spike, that is how I build positions. I have been able to build a very nice short positon in IFTA since the reverse split of 200 for 1 a few weeks ago. This is free money. You may not like selling a $2 stock but when you sell 150,000 shares of it over a couple weeks, payday is ok.

I don;t like getting involved with the very volatile trading stocks. Stay short with garbage and sleep well as well as make a killing.

As far as your "guru" status. You can keep it, I don;t want it. Just when you see those 2 stocks I mentioned at a few cents each, realize that I probably am still holding a nice short that will be tax free profits for as long as you can get a quote on either one. if that is not your style you have to reason to read what i type, But you also have no reason to slight me.

If you are so much better by all means, give me a winning pick.

BTW, check the vloume again on IFTA. There has been enough volume on IFTA to sell more shares than you can probably afford to.