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Technology Stocks : Intel Corporation (INTC)
INTC 36.33+0.5%12:45 PM EST

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To: Paul Fiondella who wrote (37962)10/28/1997 11:59:00 AM
From: exhon2004  Read Replies (2) of 186894
 
Paul:

Intc at 79.5, up 4.50. Have you covered your short yet? Do you put in a stop price on your shorts and then adjust it down if the stock moves in your favor?

This is an honest inquiry. If you've been short you have obviously done well. I have never shorted a stock and I believe there are lots of better candidates than Intel. However, I'd like to know the process you go through.

One thing that scares me is that I wanted to buy a particular stock today because I knew the selling was overblown. Could not get into e-schwab, could not get through on the phone. Hard to be nimble when you're shut out of a market. Do you have tactics for dealing with this kind of gridlock?
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