Joe Stocks Trader Talk Message Board

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Strategies & Market Trends : Joe Stocks Trader Talk

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To: StockOperator who wrote (117)	2/6/2002 5:48:44 PM
From: Joe Stocks	of 787

SO, VRSN- wish I could say that I held the position through all that time of the last two years. Due to stop losses and taking profits it's been an up and down battle. That's the point that I wanted to make and throw out for discussion - when to trade a short or treated it more like a "sell" and hold. I know there is no clear answer. It appears that fundamentals eventually prove out but like in the case of techs it can take a long time and be very costly if the stock out plays your hand that the loss can not be accepted. On the other hand, I wonder if we truly are at a point that we can short these high flyers with comfort of knowing that they won't run 10-20 points on you. One reason I got out of Biotech. I think that can still happen there but in regular tech I wonder if the street is seeing through these bubbles the more deflated they become. Joe

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