Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Michael Hart who wrote (4282)	7/21/2001 10:51:36 PM
From: Michail Shadkin	Respond to of 6873

Michael Hart - Re: Hedging with long plays I am a short and will always be one. Only reason I ever play longs at all is to hedge and reduce my risk. "Short the Chumps and Buy the Champs" is my modo. In my view the QQQ is not a champ and I refuse to hedge with it. I cant bring myself to hedge with an investment that has a PE of 80 like the current QQQ. I am pretty sure I can outperform the QQQ on my long plays. You make a valid point "you seem to pick much better short trades than longs" Last few weeks I been having problems finding long plays and the ones that I have found have not done that well. That said, if you look back to April 28 I have had some pretty nice gainers on the long side overall. But, make no mistake about it, shorting is my bread and butter. Michail