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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: 1-DAY-TRADER who wrote (13665)9/12/1998 1:26:00 AM
From: put2rich  Read Replies (1) | Respond to of 18691
 
1-Day-Trader,
Caution and humility help in making more profit. I agree that BRCM will see 50 or less in 6 mos.; however, be careful and short small first and average up only when it moves up 10%-20% more ridiculous. If it temporarily dips then cover for profits then reshort. When it starts to break down then you can short tons of it. That way you sleep better and make money the same. Hey I wish I short RMBS too at 70+ but some here have reservation, or CIEN at 80+ just 3 mos. ago. Most stocks become ridiculous when the fear of shorting is high. Luckily in the bear market I guess very hard for BRCM to break above 72 long. I may be wrong too.