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Non-Tech : Doc Stone's Bierstube und Trading Room -- Ignore unavailable to you. Want to Upgrade?

To: wolfdog2 who wrote (423)	10/22/1998 7:47:00 PM
From: Michael Turner	Respond to of 638

Hello Wolfdog2, Going long and short is one of my favorite strategies. I call it "spread trading." If you can find two stocks in the same industry sector that have a negative correlation to one another, it is possible to make money on both the long and short side. Because you are both long and short, you are able to reduce your overall sector and market risk while keeping your profit opportunity relatively constant. Caveat emptor, however...You have to pick a good spread with an established negative correlation, or you can get burned going both ways. Have fun, Michael Turner Author DayTrading into the Millennium tradersresource.com