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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Amelia Carhartt who wrote (40477)6/3/1999 8:30:00 PM
From: James F. Hopkins  Read Replies (2) | Respond to of 94695
 
Often I'm early..so she could bounce up tomorrow..but next
week she should show her true colors, how ever it can be hard
getting shares to short after she starts a fast fall, some times you
have to eat a little dirt to get in position.
I hedge off with long positions if she starts up, ( but hold my
shorts , I can sell my longs faster than I can find shorts )
It's sort of like shorting against the box, but it's backwards
I sometimes go long against the shorts ( but not closing the shorts )
does that sound stupid enough ?
My main short at this time is with a short fund USPIX,
that's tricky as she is leveraged x2,
BearX could be one to use if you don't like leverage, bearx
is more short than long but hedges too. Uspix is flat out short
via derivatives.
Jim