PileDriver Posted December 18, 2002 Report Share Posted December 18, 2002 it has nothing to do with who is right or who has the big balls, it has to do with making money and preferably with the least amount of risk. Risk adjusted return. Compared to tons of other candidates PIXR has a lousey risk adjusted return for shorters. It still has upside momentum, rising above a rising 200 day MA. Sure it'll someday fall, but can you outlast the upside insanity? It never matters what "you" think it "should" do, there are enough dumb-ass greater-fools out there who will continue to push it higher. Take the advice or leave it. I could really care one way or the other. Link to comment Share on other sites More sharing options...
mobhasmorescruples Posted December 18, 2002 Report Share Posted December 18, 2002 Pile, its a technical call. Stochastics too high on monthly and weekly as well as other factors too lengthy to get into here...a good short seller looks for stocks topping at shorts into strength.....at least thats how I do it....I dont chase em after they fall...but yes, more dangerous for the average Yogi bear to find tops.....I have some proprietary programs I have been using for almost a decade to look for tops re3versing to a major drop.......I like to make more than a half or a dollar.... Link to comment Share on other sites More sharing options...
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