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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: craig crawford who wrote (7764)12/5/1997 12:11:00 AM
From: Pancho Villa  Read Replies (1) | Respond to of 9285
 
Craig, not a requirement, but did you or do you post details on your trading such as when you go short/long and when you cover and at what price [I do]. I am just wondering when you went long COMS and whether you stayed short or covered during the recent turmoil. I get the impression that a quite a few people who trade frequently [I am not implying you are one of them] went long/short in the wrong sequence [i.e., they lost money in both trades]. I love Cramer but I do not quite bite the bullet on how he covered his short tuesday morning... IMO that was pure BS.

BTW: I think you may be right a short around 35-36 in the current market could bring you a nice profit on a drop to 30 which is indeed quite possible. But I hope you agree in the current market the same thing could be said for a good chunk of NASDAQ.

Pancho