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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?

To: Joe W. who wrote (515)	2/15/1998 9:18:00 PM
From: Cash	Read Replies (1) \| Respond to of 2120

Joe, regarding your open shorts analysis. I'm glad you've found promising results to this strategy. I've been using it a good bit lately and have had good results. The tough part is knowing when it's REALLY going against you (not just shaking) and when to cover and take profits. I do it intraday. I've found analysts upgrades are particularly fruitful to short. It's like some big customer called their broker and said, "OK you got me into this, now I'm ready to get out... after all the biz we've done together, can you help me to have a good price?" Cash