Wednesday, October 12, 2005

Shorting

Some subscribers complained before that I barely recommended shorting. The reason? Because we had been in a bull market till recently, in which the pullback is normal. There is no reason to short a bull market, which I think it is stupid and suicidal. But this week is different. All my recommendations have been shorts and they are all profitable. I hope now they understand my strategy a little bit more. A stock, which does not go up today, does not mean it will go down tomorrow. Remember, trading is not that easy; it is not just black or white.

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