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Strategies & Market Trends : SOES Trading

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To: mark mallen who wrote (994)	11/9/1997 9:19:00 PM
From: Joseph Francis Torti	Read Replies (2) of 1618

Mark, what you are saying is true. Your better owning both side of the trade this way you eliminate the time to buy it or short it when it's running on you already. Owning both side of it and you save 1/8 to 1/2 because you are already in the stock long and short because you know if a stock is up 3 point or more a day it will come down a little and stay down or go back up again this way you will make money easier this way. Do you understand what I'am trying to say here? An Good example would be this American on -line which I think is grossly overvalued I would short it long term and if I am wrong daytrade it for the upward movement. This way I would make money on the upside but I know I would be losing on the short side but long term this stock will see $60.00 or even $40.00 in my opinion and I would hedge my losses by day trading it upward if I'm wrong. Does this make sense to you? Joe

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