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Technology Stocks : Data Dimensions

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To: TA Trader who wrote (2940)9/2/1997 3:27:00 PM
From: Pete Mason   of 4571
 
Thanks, dude!

For those of you keeping score at home, my evil scheme (with DDIM currently at 35 5/8) is this: old short position -88 (yikes!!), while my new scheme has crawled back to -48. Which is actually quite good, since when I switched schemes, my short was about -70. Hurray for only being down 48!!!

BTW, I'm about to be out of town for about three weeks, and will be away from a computer the whole time. So I'm considering taking some of my DDIM long stock off the table. Although with the entire Y2K gang running strong today (start of the week), I might wait a bit. Or leave the broker instructions to sell some at 38 or something like that.

The ZITL shorts seem to think that it is the sheer amount of short stock which is holding the stock up (something like a fifth of the shares are short, if memory serves).

Looking forward to what you make of ZITL (and thanks for all the advice which has helped me recover 22 points of loss so far!).

-- Pete
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