AMERITRADE HLD A (NASDAQ:AMTD) Message Board

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Non-Tech : AMERITRADE HLD A (NASDAQ:AMTD)

AMTD 1.000

+0.5%

3:59 PM EST

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To: AugustWest who wrote (565)	12/26/1998 1:43:00 AM
From: Gil Gilbertson	Read Replies (1) of 1848

When shorting you always have to measure risk vs reward. I think you did the right thing if you werent emotinally tuned to remaining short over the holiday. I figure somewhere around 4 to 5 more pts downside, but maybe a bounce up first. I want to see the action on Monday. I watch the tick by tick real time charts on www.wallstreetcity.com and get a pretty good feel by watching the (last ten trade section of the site ) it displays trades, by time price, volume and whether from buy or sell side. There were over 7 million shares traded above this level and I think a lot of them are in weak hands and nervous. The stock will likely get rung out in Jan sometime and watch for a big down day on huge volume, then it will be a buy again for me...Happy New Year..Gil

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