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


To: Art Baeckel who wrote (5763)10/10/2001 12:19:05 AM
From: Michail Shadkin  Read Replies (4) | Respond to of 6873
 
Art - Re: WEBX

On thursday and friday I covered 12 different shorts, WEBX included at 27.00
5 were security stocks (all are much higher)
VISG I covered at 5.65 only to reshort late yesterday and cover for loss today.

I took a step back to refocus and regroup a bit.
5% of the highs usually send me into tons of cash to regroup.
Just pure money management.

I still absolutely love WEBX short and will unbox in 29s

Last week I made a decision to not have any more security sector related shorts for some time, unless a HUGE POS presents itself like AATK.

Happy Trading
Michail