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Strategies & Market Trends : Roger's 1998 Short Picks

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To: wggm who wrote (5068)3/16/1998 11:42:00 PM
From: Mama Bear  Read Replies (2) of 18691
 
wggm, that is not the way I read Asensio's recent AVNT report, but it would have been better for me to have done so. But I will hold my AVNT short, and am actually looking to reshort the trading half of my position. You must understand that I am deep in the money on the position half (29 1/2) and can afford to be sanguine about it. If you are losing sleep over it, you might consider closing or lightening up your position. Remember, AVNT ran up to 22 in January on similar action, so it is not like this has never happened before. I will only start to sweat if it breaks 22. Somehow I do not think that's going to happen, but I have been wrong before, I'm sure it will happen again.

Barb
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