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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Softechie who wrote (2178)10/30/2001 7:38:41 PM
From: mishedlo  Read Replies (1) of 99280
 
You shorted at 43, did not cover at 38 and are now shorting more at 41. I am not sure I understand this. On a rise back to "test" 43 you will have turned a 5 point profit into a 2 point loss.

Been there - done that - too many times to remember.

Also note that in a post I did earlier, on options, I indicated QLGC and JNPR had so many bets against them that the fall was not likely to be as good as KLAC or QCOM with more air (and less blocking puts below).

I guess I can brag about this "radish" call.

M
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