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Strategies & Market Trends : BFT: Will the tulip craze ever break down? -- Ignore unavailable to you. Want to Upgrade?

To: Russ 5150 who wrote (172)	3/26/1998 6:50:00 AM
From: Pancho Villa	Read Replies (1) \| Respond to of 650

>Have you thought about what level you will short more? < Unfortunately I am overextended on this short so I will not short anymore at this point. My advice to you: draw the line. It may not work for everyone but set a limit (for shorts as well as for longs): IMO a limit of a 3% max of your total portfolio value for any given position you love is on the conservative side. If you are very agresive, push it to 10%. Needless to say, I have broken my own rules! Pancho