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Non-Tech : S&P Midcap 400 Portfolio (^MID, MDY)
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To: Londo who wrote (129)8/10/2002 12:38:13 AM
From: Londo   of 181
 
Oh, and about the ET position:

I would be convinced that the recent uptrend was a short squeeze if there was more volume in the stock. However, 6 million shares BARELY cuts it, which makes me think there may be actual genuine buying in the stock. Who knows why, but the point is that I shouldn't allow the market to take me out on the upside, but rather only allow the market to take me out on the downside. If the market takes me out on the downside, I will add more shares at 2.60.

So therefore, the following order applies:

Stop loss: Sell 344 ET @ 2.92 if it reaches this price. Stop order does not expire.
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