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

To: Tim Luke who wrote (16497)	12/30/1998 3:14:00 AM
From: Dale Baker	Respond to of 18691

Almost every time I have shorted a stock on bad news, I get filled after a gap down and squeezed in the dead cat bounce. It got to the point where I won't short bad news any longer. Anyone have a strategy to deal with that, apart from waiting until after the bounce and hoping the bad news will start to pull the stock down? Doesn't sound like a high percentage play unless you are short the stock before the bad news. I will always remember the day RMDY opened down 10. That was sweet.