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Strategies & Market Trends : Guidance and Visibility
AAPL 278.37+0.1%3:59 PM EST

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To: Findit who wrote (103923)1/9/2004 3:34:17 PM
From: Mike C2  Read Replies (2) of 208838
 
ZHNE : Shorted against box

My first trading short
Simply a recovery strategy
Am in the red on last trade after 5 profitable trades in TELM last Sept Oct & November
Stock has not had any downdrafts since it bottomed on 12/17
Short term stochastics have been in overbought territory since 12/30.
Would feel ill if my recovery slipped....
Stock could not get past 6.02 and buying volume seems to be ebbing
So...have shorted against my long position at 5.90
Will cover after the correction I expect runs it's course

mike

FD Long & short against the long
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