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Strategies & Market Trends : DAYTRADING Fundamentals
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To: E. Davies who wrote (5365)11/12/1999 7:37:00 PM
From: Dave O.  Read Replies (1) of 18137
 
Eric,

Sorry to hear of your short experiences this week. I should have mentioned in my prior post that I do not short high flyers/internets. Rather I find good tech companies that are not quite as volatile intra-day and have reasonable spreads. Today was an extreme case, CHKP was my short. I never expected it to dump almost 17 points intra-day, before it bounced a bit. That was a gift. But I take reasonably small positions, rarely having more than $20K on the line. Losses often times help us become better traders so I hope you continue to persevere on the short side.

Dave
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