AL is Not a Human Being Message Board

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Strategies & Market Trends : AL is Not a Human Being

QQQ 629.07

+0.5%

Oct 31 5:00 PM EST

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To: Steve Lee who wrote (727)	1/9/2003 11:56:39 PM
From: Kirk ©	Read Replies (1) of 793

IBM & MSFT Are you emulating Brinker with no stops? 10/16/2002 Short IBM 65.17 this is down $22 for about 34%! Ouch!!! MSFT is down double digits too, but not that bad... Short MSFT 48.25 Since Al is a model for trading, why didn't you choose to use protective stop losses? Most traders are often wrong and that is why they have stops. Get a few more right than wrong and let the right ones run and they have their profits. Are you investing rather than trading where you think these are over valued? I remember a buddy shorting YAHOO at $40 and he was right, just he was a few years too early and he got creamed. Kirk

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