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


To: GREENLAW4-7 who wrote (6142)12/5/2001 7:40:12 PM
From: Steve Fancy  Read Replies (1) | Respond to of 6873
 
Geez! You can usually tell the true bears by their accusatory, and generally nasty style.

I was a paying member of Michail's site from the time it was initiated and bowed out in November after a bad October, both due to my own mistakes and picks from trader pulse. I was simply requesting an update from Michail as up until July he kept his records public here and does so to the TraderPulse members. I have been contemplating signing back up. My record this year has not been great and I never suggested anything different, but I did fairly well last month and so far this month. I made a lot of money off of Michails picks earlier in the year and have the utmost respect for his trading and stock picking ability.

Never said I was a big bull, but as I have maintained all along on this thread going back to the spring, I have been building long term leap positions (2003-2004) in some of my favorite tech stocks (NVLS, DELL, ALTR, ORCL, WCOM, MSFT, ALA) and a couple others and started following Michail for short hedges.

That said, I do not subscribe to general bear mentalities such as yours and find your types to generally be very nasty and unpleasant people....Your post being a prime example. Talk about reading between the lines.

Good luck bud.

Steve



To: GREENLAW4-7 who wrote (6142)12/5/2001 7:41:38 PM
From: Steve Fancy  Respond to of 6873
 
Oh, and I do expect a tech recovery in the second half of next year and as you can see have been planning accordingly. Stocks such as NVLS should be some of the first to recover. Yes I have averaged my options positions a couple times and am generally flat to up on them. Michail will tell you that is my style, average or bail at 50% on options...thanks bud!

Steve