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Re: los_angeles post# 26570

Wednesday, 02/13/2008 6:02:36 PM

Wednesday, February 13, 2008 6:02:36 PM

Post# of 119915
If you buy at .071 or higher, they could be our short sales.
We will rebuy them at ~.045 in 2-4 weeks, when many will be
selling. Over-priced stocks correct themselves much faster
in the last few months, since the annoying "Up-Tick Rule"
was cancelled. It used to slow down us shorters. But, now,
we can keep shorting, all the way down, without waiting for
upticks. [Many believe that in the old days, shorters used to
short big, and buy a little, to cause an uptick, and then
short big again. But, that's not necessary any more.]

Averaging-down is profitable, for shorters, only.

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