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 : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Techplayer who wrote (311)	9/12/2002 4:31:15 PM
From: Jorj X Mckie	Respond to of 57110

I am still short MCHP (no change in position) BRCM (no change in position) NVLS (no change in position) SYMC (doubled position) MER (covered and reshorted at a higher price). I have found that being a patient position <short> trader the past 9 months has been the best plan.

To: Techplayer who wrote (311)	9/12/2002 7:01:11 PM
From: paulj	Read Replies (1) \| Respond to of 57110

You had some very good trades on these. You left money on the table, but the trades were good none the less. There is always a bit lower price to cover a short and a bit higher price to sell, but, I've found, when I try to get that last bit, I get caught more often by the trade turning against me and, overall make less. I'm a big believer of knowing your exit points when you enter a trade and executing accordingly. I find it helps to have some longer term trades on so, when I cover my short term trades and the market takes off down the hill, I'm not 100% in cash. Congratulations on your trades. You did quite well.