Pastrami on Rye Message Board

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Pastimes : Pastrami on Rye

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To: Mike McFarland who wrote (22)	5/2/2007 10:39:13 AM
From: Mike McFarland	Read Replies (1) of 379

Crap! I should have held ands overnight and I'd have had my two bit trade for the day/night. Still, after commissions even $200 profit hardly seems worth the trouble, certainly when it is a coin flip whether something finally bounces or declines another dime each day. That said, Anadys had slipped 25% over the past five trading sessions--so it seemed due for a wiggle up. I'm trying to imagine watching hundreds of stocks (instead of just a few) and doing this for hours instead of just a few minutes a day. Not sure I really care for it, and I certainly don't have a knack for it yet. I am thinking that my three short ideas might work out okay--if I held them for several months. But would I do that in the real world? Would I really be comfortable holding shares short for long periods of time, not sure that I would want to do that.

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