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Gold/Mining/Energy : WHAT'S A GOOD CANADIAN STOCK TO SHORT -- Ignore unavailable to you. Want to Upgrade?

To: Serge Collins who wrote (34)	3/12/1998 12:03:00 AM
From: Ward Nicholson	Respond to of 112

Serge: I short uncovered. I don't dismiss calls/puts as useful hedges, but my trading is very short term and for those stocks without options, the only hedge strategy I tend to employ is simply to box my position...especially when the position looks like it'll move against me, or when I haven't a clue as to what the market looks like it'll do. CA is great example. I shorted at 5.50, which turned out to be much to early in this current bull move. I went long on CA in another account at 5.45, and actually sold that long position this afternoon. WN

To: Serge Collins who wrote (34)	3/13/1998 10:51:00 AM
From: pavlov 1	Read Replies (1) \| Respond to of 112

I short naked. I look for froth in a stock. Example: keep an eye on the trading of WPT-Alberta. The froth is there. It will probably run for a few more days...and then....I tend to short only half positions at first. This gives me staying power in case the stock keeps going. It limits your loss, and gain. I also trade out of positions faster if it is showing signs of strength. This way I can trade my way out of a mess. Remember the "drool factor"; The more they drool over the prospects of a stock, the more $$$ that is at stake on a downturn. Saliva is very slippery!