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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: randy1503 who wrote (19006)	6/6/2002 8:34:08 PM
From: backman	Respond to of 26752

"you have some enormous balls shorting such low priced stocks. either that or you're just insane or clueless" all of the above... remember though...im not shorting them because they are low priced, but because they've broken out in an unsustainable manner and some trades i'll only enter with a stop in mind, like EDSN on 6/4, with a stop above the days high, and an entry around 1.68....from there, to today's low of about 1.20...20%+ i suspect that u can do that with big stocks also....like CYTC or ELN today or MLNM, ATVI last few days...just saying there are many ways to skin the cat...but stocks like these, I'd trade with stops... the cheap ones? like you said...all of the above:-)