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Strategies & Market Trends : Ask DrBob

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To: manfmnantucket who wrote (2048)8/28/2000 7:11:11 PM
From: FLACK  Read Replies (2) of 100058
 
MfN "did you short just as the flatline started to fall, at around 12:30, or the first time it bounced back up above 125, at around 1:15??"

Went short at 2:29 as the 2 an 6 min. ema crossed below the 18 ema.
126 had looked like support so when it broke that level I placed a market order.
Later I thought about adding to my position but never did since
I thought it was already pretty beaten down.
I took half of my position home.
My trader friends told me last week that they thought
it was going to see some selling and they were right.

"It was hard to find anything with enough volume to trade today"

"Yeah, I looked around and none of the stocks that I
follow closely looked worth the gamble. I think
tomorrow and/or Thursday will be better short days.
How did you do today?
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