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Strategies & Market Trends : Galapagos Islands

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To: Lazarus_Long who wrote (16031)12/10/2002 8:35:13 PM
From: Lizzie Tudor  Read Replies (1) of 57110
 
short tyco at around 12.5 2x position as a hedge against the long techs I added Oct 12 or so.

Then I held, stubbornly as the trade went against me because I was *SURE* tyco was another house of cards

Finally covered at 16 around the beginning in November (in disgust)- at which point it promptly tanked to high 14s

this is just a recent memory... I have an absolute memory lane of bad trades to work from
Lizzie
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