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Technology Stocks : CPTL

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To: Benny Freeman who wrote (98)11/11/1997 8:57:00 PM
From: Lucky  Read Replies (2) of 199
 
Good plan. If you can go short tomorrow above 13 1/4 then immediately place a buy order at your target cover price.This will get you covered if there is a sudden downdraft like this morning.By the way that panic rush for the exit this morning was caused mostly by stop losses kicking in.I love when this happens and my cover order is filled because you get a second chance to short on the bounce and can cover again when the players make a more orderly exit.
Yesterdays shorts were able to cover at 131/8-14 and still be able to short again at 14 1/2 again today.They will ride this down a few more points this way.
Best of luck tomorrow!
Lucky
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