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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Nazbuster who wrote (24152)	3/25/1999 3:29:00 PM
From: jlib	Read Replies (1) \| Respond to of 122087

> PDX - I've traded this short several times. > I sure am glad I'm not in it now. Indeed! I've extracted a total of 12 points out of that one. Just two days ago I couldn't get another borrow to play the sub-20 bounces. Whew! For those of us who didn't get stung this is a classic example of why we need to diversify our exposure. Because of the huge gap up there was no escape for those trapped. That has been my biggest learning experience this year. I have lots of hundreds of shares positions instead of a few thousands of shares positions. The result is not as exhilarating as making say $20,000 in one day but is instead a steady accumulation that allows an occasional blunder and misstep or a downright risky speculation just to spice things up. It is easy to casually say that weak hands will fold but they fold because they were wiped out. If one is not a millionaire yet, resist the temptation to go for broke because you will end up so. There really is not a scarcity of opportunities right now. Diversify! Best, Jimmy Liberato