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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject8/22/2000 5:41:06 PM
From: bcrafty  Read Replies (1) of 100058
 
Missed everybody today, you people are lucky

in that you are able to trade all day without interruptions.

Today I went long on EMLX but had to close for a 7/8 loss about 12:45 to make a court appearance. When I came back at 2:15 I saw the naz had moved up nicely and that I could have made a small gain if I had held. Then I went short on EMLX @92 but had to close to go back to court at 3:30, for 1/4 point gain, only to come back and find it went to 85 11/16.

But I guess a loss of 5/8 for the day isn't too bad. With the naz doing such a crazy dance the past few days, I guess it's better to be safe than sorry, as it could have just as easily whipsawed back to 3990 and been worse. It's just so
frustrating to see my good short get wasted because I had to leave.

But anyway, tomorrow's another day and hopefully I'll have more time to make some bucks.

BTW, anybody think RMBS has gone parabolic for the last 3 days making good short material? What about the SOX in general?

Always,
Bcrafty
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