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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: diana g who wrote (20825)	5/13/2004 8:24:09 PM
From: kodiak_bull	Respond to of 23153

diana, On behalf of all the people you thanked, You're Welcome. Consider the advice either random acts of kindess OR just a good chance for us to review our own technical analysis ideas in print. One cardinal rule you should take from your shorting EBAY experience is to always know your market and your stock. It was a strong bull market and a market darling, a potentially lethal combination to try shorting. A second cardinal rule is to make sure you are shorting on strong technical signals, and not some fundamental story that begins, "Well, this EBAY (or PNRA or TOL) is a pos because blah blah blah and it has to stop going up and here's why." Never short a story stock because you think the story has been overdone; it probably hasn't. Sometimes you have to learn these mistakes twice. I thought I learned it with AMZN in 1999, but had to relearn it with TOL and BZH in 2002. I've actually had very nice success in the last few weeks shorting CYTC PIR PTIX RSTI. I shorted on the charts exclusively, covered when they hit my target or started acting funny. Today I looked at PNRA and DECK as potential shorts but did nothing. Kb