The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: bobby is sleepless in seattle who wrote (64250)	10/5/1999 9:38:00 PM
From: Paul A	Read Replies (4) of 90042

What I have been doing is basically positioning a trade for 2-4 days.. Buy alot less shares, and put the stop at max. stretch.. Im killing all positions tomorrow tho until the the picture gets clearer. Just daytrades for me! I dunno.. I like shorting trash.. or even predictable ones like dell, csco.. believe it or not its easier to hit them on the downside than the upside! but CS sorta has its own mind. I think honestly that today was a combination of short covering, CNBC- (again), and just alot of buying pressure from the masses that follow it.. lots of big money and small money follow CS for the takover and its building- look at the volume! ok im rambling.. but my point being- buy a few shares of CS.. downside is a few points, but if it gets taken in a year? you can make a nice percentage and its basically a very good calculated risk.. I still think CS will be gone well before next quarter.. I still think any day. but I have such a small percentage of my portfolio in it so if thats a measure of confidence than.. Jane- are you still holding AOL? Lots of positives again going into tomorrow, but do you think it will keep defying the market? I have so few shares of it I wont even embarrass myself (seriously) but hey.. also IMCL.. what da hell!? dilution? in a biotech!? causing this?

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