SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling -- Ignore unavailable to you. Want to Upgrade?


To: Michail Shadkin who wrote (4249)7/18/2001 6:09:52 PM
From: Steve Fancy  Read Replies (2) | Respond to of 6873
 
Michail,

Sentiment seems pretty bad going forward. I have bailed from almost all my long positions for the reasons you cited...no reason to ride 'em down. Seems a retest of the lows is a real possibility now. Greenspan seems to have really put the icing on the cake today. Are you thinking of shorting anything tonight? I bet foreign markets sell off big tonight, creating additional downside momentum for tomorrow.

Steve



To: Michail Shadkin who wrote (4249)7/19/2001 9:34:36 AM
From: Michael Hart  Read Replies (1) | Respond to of 6873
 
Long picks ?

It appears from following your trading pattern that you use your long positions primarily as a hedge against your short picks. Also, you seem to pick much better short trades than longs.

If the above assumptions are true why don't you just use something like the QQQ's as your long pick/ hedge and take some of the risk out of the longs ?

Mike