Verity (VRTY) Message Board

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Technology Stocks : Verity (VRTY)

VRTY 2.400

0.0%

Dec 22 4:00 PM EST

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To: Jim Snyder who wrote (906)	10/8/1999 7:34:00 AM
From: Jimmy Dell	of 1011

<<Since this stock looks so strong, I bought a call option along with shorting the stock today. What a rally in the last 15 minutes! Best of luck to you all!>> It seems like there are better shorting strategies than to short a stock that has just had stellar earnings and is in a powerful uptrend, with dips met with strong buying. I'd suggest shorting the junk, not quality stocks that are going up for good, sound reasons. Why short something where you'll just make a little if you're lucky - by very careful timing. Short stocks where the downside is very large, not tiny.

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