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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: farkarooski who wrote (57676)4/27/2002 3:17:21 PM
From: mishedlo  Read Replies (1) of 99280
 
Do you ever use S/Ls?
I shorted 100 shares and stopped out down 1 point.
Down 15 points on 200 shares is not recommended.

I am short again (via a put) one contract.
That is enough. June 85.

Hoping for some sanity before then.
The stock has a tendency to selloff early and rise late in the day. If Buyers come rushing in, after if falls a couple points I will take my $100 profit and try and reposition.

Let me see, a 50% haircut on your short would be 105.
Perhaps I should wait for that price before I take a big position in it.

M
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