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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis -- Ignore unavailable to you. Want to Upgrade?


To: chester lee who wrote (1962)11/4/1998 1:03:00 AM
From: Dale Baker  Respond to of 2506
 
Since I am a lousy market timer, I look at my short portfolio as a hedge. Both my long and short portfolios have gone up 20% (the wrong way for my shorts) in the past few weeks; since my longs are more than twice the size of my shorts, my overall portfolio has been up very nicely. If I were shorting quality companies I might think about covering. But I don't see any quality here, just eventual basket cases.

Good luck today. Futures are up so watch out.