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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (3026)1/27/1999 4:25:00 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 15132
 
Well, I have been trading lately but have decided that all trades at this point will be to the short side. IMO, that is where the trend lies short term. I have maintained my long positions concurrently. In the past few days, I have shorted NVLS, AMAT, VECO and KLAC and covered successfully for profits. I short on strength and cover on weakness. In this manner, I am raising cash through profits. I am not recommending this to anyone (in fact, it is quite tricky) but am just stating it as a matter of fact for those who may be interested. It is but one approach to dealing with this market.