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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: Mama Bear who wrote (736)4/16/1999 1:15:00 PM
From: Michael  Read Replies (2) | Respond to of 10293
 
My Friend Mama Bear:
<. If I use the cash generated by the decline to short more at 6, is
that a new trade, or does it add to the percentage gain of the first trade? >

It is surprising how most folks simply cannot comprehend that one can
short more as a stock drops. Use the cash generated from the previous
short trade to short more. I turned $60k into a 300+% return by
shorting more and more of Zitel as it died slowly, still shorting to
zero,... have the cash and do not owe the tax until the Zit is worthless.

sure is a nice day
Michael